ECB Bulletin: The uneven journey of wholesale gas and electricity prices to consumer bills
Newsquawk Staff ·
- The pass-through of changes in wholesale prices to HICP gas inflation has accelerated. Alongside improvements in HICP electricity and gas price indices that better represent consumer costs, these developments suggest that shifts in wholesale gas prices may feed through to HICP gas inflation somewhat more swiftly than in the past, but less intensely for HICP electricity inflation.
Sources
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await
- ECB’s Nagel says he is confident that France will get a grip on its budget issues; This isn't a task for monetary policy
- ECB’s Sleijpen says the Iran shock is more persistent than earlier thought but we don’t really see second-round effects yet
- ECB's Nagel says a rate hike in December is very likely going to be necessary
- Newsquawk Daily Economic Releases - 4th November 2026
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