Reuters
29 May 2026, 11:16 UTC · 8h ago
Source · https://www.reuters.com/business/finance/top-euro-zone-countries-see-iran-inflation-fallout-broaden-may-2026-05-29/
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Inflation in the euro zone's four largest economies remained above the ECB's 2% target for a third consecutive month in May. — Persistent inflation above target increases the likelihood that the ECB will maintain higher interest rates for longer, weighing on risk assets.
-0.60Rising fuel costs triggered by the Iran war are beginning to impact other price categories. — Second-round effects from energy price shocks complicate inflation control and suggest a broadening of price pressures.
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