'A first inflation wave is in full swing,' one analyst warned

'A first inflation wave is in full swing,' one analyst warned

UK inflation fell to 2.8% in April from 3.3%, below the 3.0% forecast and the lowest since March 2025, as the Ofgem energy cap offset an Iran-war fuel surge. Germany’s Merz…

The European Union’s executive commission has cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran

The eurozone economy is expected to slow down in 2026 and inflation to pick up after the war in the Middle East triggered the second energy shock in...

Europe’s economy is slowing sharply as the Iran war drives up energy costs, deepening pressure on households and challenging policy makers. Fresh data for May showed euro zone…