Tag: Sanctions

Aug 13

ECB Working Paper: The pass-through to inflation of gas price shocks

In a recent report, ECB acknowledges sanctions on Russian goods and assets have caused the surge in  inflation rates all over Europe. “The recent inflation surge in the euro area was significantly influenced by energy prices, particularly gas following Russia’s invasion of Ukraine in February 2022. (…) In comparison to oil price shocks, gas price …

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