7 Months Into the Iran War, the Oil Shock Is Showing Up in Europe's Inflation Reports
Spain’s harmonized inflation hit 5% in September, its highest level since February 2023. France and Poland also posted faster price growth, with energy costs leading the rise. The readings land seven months after the Iran war began on February 28. They also arrive weeks after the European Central Bank (ECB) raised rates for a second The post 7 Months Into the Iran War, the Oil Shock Is Showing Up in Europe's Inflation Reports appeared first on BeInCrypto.
Key Takeaways
- Spain’s harmonized inflation hit 5% in September, its highest level since February 2023.
- France and Poland also posted faster price growth, with energy costs leading the rise.
- The readings land seven months after the Iran war began on February 28.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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