This text is an automatic translation from Русский. It was generated by AI and may contain inaccuracies.
Read original →Rising Energy Prices Accelerate Eurozone Inflation and Tighten ECB Policy
We analyze the acceleration of inflation in the eurozone, the impact of expensive energy and ECB policy tightening on consumer demand, and examine the structural problems facing the European economy and rising debt burdens across EU member states.

A sharp surge in energy prices in the eurozone in September to 18.8% compared with 14.3% in August this year became the main driver of accelerating inflation in the European Union on an annual basis—from 3.2% in August to a record 3.8% in September, the highest level in three years.