B · Normal
[European Central Bank Economic Report: Soaring natural gas prices in Europe may push up inflation faster] September 21, the European Central Bank said in its economic report on Monday that soaring natural gas prices may push up inflation in the euro area faster than before, but its impact on electricity prices will be relatively small due to the increase in the proportion of renewable energy generation. Affected by the tightening of global supply caused by the Iran war, European natural gas wholesale prices TRNLTTFMc1 have surged by more than 140% compared with the same period last year; at the same time, low inventory levels in Europe have also increased the risk of further increases in natural gas prices.
Comments