Veytics Intelligence
2026-09-30 · Theedgemalaysia

Inflation jumps across eurozone, raising pressure on ECB to hike - The Edge Malaysia

BERLIN (Sept 30): Inflation rose far quicker than expected in some of the eurozone's biggest economies this month due to the energy-price shock of the Iran war, increasing pressure on the European Central Bank to raise interest rates again. The ECB has lifted rates twice this year to prevent rapid price growth from getting embedded, and investors have sharply raised rate hike bets in the past few weeks as natural gas, petrol and diesel prices have all soared. France's harmonized inflation rate was 3.4% year-on-year in September, up from 2.6% in August, while in Italy it jumped to 4.1% from August's 3.2%, all above the ECB's 2% target, data showed on Wednesday. German inflation accelerated slightly more than expected in September, rising to 3.

Read the full Veytics brief

We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.