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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Author | Erste Group Research |
Date | 2021/08/27 |
Language | ![]() |
Product name | Week ahead |
Topic in focus | Macro/ Fixed income |
Economy in focus | Eurozone |
Currency in focus | Euro |
Sector in focus | - |
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