Central Banks
Euro Zone Price Spike Seen Surging Higher in Second Month of War
A high voltage electricity transmission tower in a residential district of Berlin.
Photographer: Krisztian Bocsi/BloombergEuro-zone inflation probably jumped in April to the highest in 2 1/2 years as fallout from the Iran war squeezed economies across the currency area.
Annual price growth of 3% is what analysts now forecast for data scheduled to arrive on Thursday, according to the median of 28 predictions. That would intensify the pressure on consumers after a jump in March that was the most since the 2022 outbreak of war in Ukraine.