Eurozone March CPI Revised Up to 2.6% as Middle East War Drives Energy Prices Higher
Eurostat revised the Eurozone's March CPI upward to 2.6% due to surging energy prices triggered by the Middle East conflict, prompting expectations of an ECB interest rate hike.
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- 📰 Published: April 16, 2026 at 20:34
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Central News Agency
(CNA, Brussels, 16th, Comprehensive Foreign Report) Eurostat announced today that, influenced by surging energy prices pushed up by the Middle East war, the annual growth rate of the Eurozone's Consumer Price Index (CPI) for March was revised upward from the initial 2.5% to 2.6%.
According to AFP, the latest data shows that the Eurozone inflation rate has reached its highest level since July 2024, also exceeding the European Central Bank's (ECB) 2% target.
The war launched by the United States and Israel against Iran has driven the continuous rise in oil and natural gas prices, forming a heavy burden on the Eurozone, which relies on energy imports. Economists have subsequently downgraded the Eurozone's economic growth forecasts.
According to the report, the Eurozone CPI in February was 1.9%. Analysts have heightened expectations that the ECB will raise interest rates as soon as this month to suppress inflation. (Translator: Hung Chi-yuan) 1150416
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Central News Agency
(CNA, Brussels, 16th, Comprehensive Foreign Report) Eurostat announced today that, influenced by surging energy prices pushed up by the Middle East war, the annual growth rate of the Eurozone's Consumer Price Index (CPI) for March was revised upward from the initial 2.5% to 2.6%.
According to AFP, the latest data shows that the Eurozone inflation rate has reached its highest level since July 2024, also exceeding the European Central Bank's (ECB) 2% target.
The war launched by the United States and Israel against Iran has driven the continuous rise in oil and natural gas prices, forming a heavy burden on the Eurozone, which relies on energy imports. Economists have subsequently downgraded the Eurozone's economic growth forecasts.
According to the report, the Eurozone CPI in February was 1.9%. Analysts have heightened expectations that the ECB will raise interest rates as soon as this month to suppress inflation. (Translator: Hung Chi-yuan) 1150416
Choose to stand with facts. Every sponsorship from you is the power to protect press freedom.
Download the CNA "First Hand News" APP to grasp the latest news instantly.
The text, images, and audio/video on this website are not to be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.