Economic··Severity 7
French Inflation Accelerates to Highest in Two Years
Inflation in France quickened to the fastest pace in more than two years as surging oil and natural gas costs continue to weigh on Europe’s economy.
Inflation in the euro area’s second-biggest economy stood at 3.4% in September, up from 2.6% in August, statistics agency Insee said.
The reading keeps pressure on the European Central Bank to continue raising interest rates. Bloomberg's Oliver Crook has the details.
(Source: Bloomberg)
Scenario chain
Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.
A
46%Эскалация
Сценарии event-driven intelligence:
Primary source: Bloomberg Markets
Ваши вероятности A/B/C
C 33%