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2021/08/27 / Erste Group Research

EZ – will inflation rise further?

Next week (August 31), a first flash estimate of Eurozone inflation for August will be published. We expect headline inflation to rise further in August. Core inflation, in particular, should show a significant increase.

European electricity prices have decoupled from global oil prices over the last few months, providing a sustained boost to Eurozone energy prices. Behind this development are rising CO2 prices, which can be attributed, among other things, to stricter EU climate targets.

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General information

AuthorErste Group Research
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone
Currency in focusEuro
Sector in focus-


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