Inflation & Prices

Gas Rollercoaster Throws Europe’s Inflation Outlook Wide Open

  • Easing energy costs may reverse prices pressures this year
  • Recession in the bloc looks increasingly likely to be avoided

Communal lights on within a block of apartments in Hamburg, Germany

Photographer: Imke Lass/Bloomberg
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Cratering natural-gas prices thanks to warm winter weather are raising the odds that the euro zone’s inflation scourge will ease sooner than anticipated.