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ECB warns: War with Iran is directly affecting inflation, here are the forecasts

2026-03-19 18:51:00, Ekonomi CNA

ECB warns: War with Iran is directly affecting inflation, here are the forecasts

The President of the European Central Bank, Christine Lagarde, has warned that the war with Iran is having a real impact on inflation.

The conflict in Iran is driving up energy prices, both for oil and gas, and has added to inflationary pressures. These have been called “rising risks to inflation.”

The new forecasts according to the ECB highlight that inflation in the euro area is expected to reach 2.6% in 2026, 2.0% in 2027 and 2.1% in 2028. These are higher than previous forecasts, mainly due to energy.

The war in Iran has caused a surge in oil and gas prices and great uncertainty in global markets. /CNA





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