Europe · Inflation Key Facts Price spike German fuel prices rose 11.2% month-on-month in July 2026, with diesel up 12.6% and gasoline up 11.0%. Subsidy end The jump came from the expiry of a government fuel-tax relief on 30 June 2026, plus higher oil prices after the war with Iran. Ecuador budget Fuel subsidies in […] The post How Ending a Fuel Subsidy Turns Into Inflation appeared first on The…
According to a Reuters poll, the European Central Bank (ECB) will hike its deposit rates by 25 basis points (bps) to 2.50% in September, said 57 of 69 economists.
