Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says

The surge in wholesale natural gas prices is set to pass through the retail and electricity inflation in the Eurozone faster than in the past, the European Central Bank (ECB) said in its Economic Bulletin on Monday. While the pass-through is faster and can manifest in the inflation numbers within one to three months for most Eurozone members, the pressure on electricity prices has been lower so far in 2026 compared to 2022, partly due to the higher shares of electricity generated from renewables, the ECB’s economists wrote. “The impact...