European Inflation Accelerates Amid Global Disruptions

New nowcasts from ISI Markets indicate that inflation is rising and accelerating in France, Germany, and Spain.

The US-Iran war and global energy disruptions are contributing to these sustained price increases.

As recently as mid-February, inflation rates in France and Germany were below the European Central Bank's target.

However, with official CPI releases not scheduled until mid-September, CEIC users have an early edge thanks to these nowcasts that blend daily, weekly, and monthly data with a proprietary machine-learning model.