The European Central Bank reported in its Economic Bulletin that wholesale natural gas price increases are feeding into euro-area consumer inflation more quickly than in the past, with changes expected to transmit within 1 to 3 months in over half of eurozone countries, a marked acceleration from 2022 patterns. The ECB attributed this to market liberalization and more flexible pricing mechanisms since Russia's 2022 invasion of Ukraine.
3 of 4 articles were readable. Headline only, no body text retrieved, for: reuters.com. Nothing below is drawn from those outlets beyond their headline.
Who reported it
- reuters.comWIRE
- live.euronext.comUNCLASSIFIED
- investinglive.comUNCLASSIFIED
- thenews.com.pkUNCLASSIFIED
References
- reuters.comEurope's gas price surge may feed into inflation more quickly, ECB findsScreenshot as publishedOriginalcaptured 2026-09-21T14:34:58
- investinglive.comECB inflation headache could worsen as gas prices feed through faster than beforeScreenshot as publishedOriginalcaptured 2026-09-21T14:34:58
- live.euronext.comEurope's gas price surge may feed into inflation more quickly, ECB finds - Euronext Markets: Real-time Stock Market Data | liveScreenshot as publishedOriginalcaptured 2026-09-21T14:34:58
- thenews.com.pkEurope's gas price surge will feed further inflation amid energy crisis, ECB warnsScreenshot as publishedOriginalcaptured 2026-09-21T14:34:58
Carried by multiple outlets
- Wholesale natural gas prices are up more than 140% compared to a year earlierlive.euronext.com, thenews.com.pk
- Changes in wholesale gas prices are expected to feed through into euro area consumer inflation within 1 to 3 months in over half of eurozone countrieslive.euronext.com, thenews.com.pk
- In 2022, considerably more of the pass-through took well over a year (or took longer)investinglive.com, live.euronext.com, thenews.com.pk
- Gas markets have been increasingly liberalized in Europe since Russia's war on Ukraine in 2022 curtailed supplylive.euronext.com, thenews.com.pk
- Changes include more flexible pricing and shorter fixed-term contracts that mean retail prices respond more quicklylive.euronext.com, thenews.com.pk
- The share of countries reporting slow pass-through within 13 to 24 months has decreased from around 40% to around 5% since 2022live.euronext.com, thenews.com.pk
- and 2 more, not shown
Reported by one outlet only
- The ECB raised key interest rates by 25 basis points earlier in the month as the Middle East conflict and energy shock pushed up its inflation outlookonly investinglive.com
- The war in Iran has limited global supply and low storage levels in Europe raise the risk of further price increasesonly live.euronext.com
- The ECB notes that the nature of the current energy shock is different from the 2021-22 shockonly investinglive.com



