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Volatile energy prices push EU consumer inflation to nearly double the ECB's 2% target

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Summary

Volatile energy prices have pushed consumer price indices across major EU economies to levels that nearly double the European Central Bank's 2% inflation target. Euronews asks whether the EU can help citizens cope with high rent and expensive food, and the source does not describe specific EU measures.

This continues an earlier story: Euro-area inflation climbs to 3.8% as Europeans take to the streets demanding relief

Timeline

  1. Euronews

    Source ↗

    Euronews reports that volatile energy prices have pushed consumer price indices across major EU economies to nearly double the ECB's 2% inflation target, and asks whether the EU can help citizens deal with high rent and expensive food.

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