ECB research finds wholesale gas shocks now reach eurozoneThe eurozone is the group of European Union countries that have adopted the euro as their official currency. It is a subset of the EU rather than another name for the entire uni...Read More household gas InflationInflation refers to a sustained rise in the general price level that reduces the purchasing power of money. The term belongs in Level 7 because it helps connect macro conditions...Read More faster as European gas prices rise more than 140% year on year.
Natural-Gas PriceGas Price refers to a term used in the Ethereum platform that refers to the price you are willing to pay for a transaction. The term belongs in Level 7 because it helps connect...Read More shocks are passing into eurozone consumer inflation faster than during the 2022 energy crisis, an ECB survey found. More than half of euro-area central banks reported that wholesale gas changes now reach household gas inflation within one to three months, while the share reporting 13-to-24-month lags fell to about 5% from roughly 40% in 2022. Wholesale gas prices were more than 140% higher year on year, Reuters reported, increasing near-term inflation sensitivity even as renewables reduce electricity-price pass-through.
