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But we saved everything 🙂.
Headline inflation has risen in most European countries since January, with Luxembourg experiencing the highest increase at 2.2 percentage points. Daniel Kral highlights that Lithuania, France, and Finland also saw significant rises.
According to Kral, the worst may still be ahead, as concerns over fuel rationing continue to mount.
Recent reporting by Daniel Kral showed that European wholesale gas prices surged more than 20 percent this year, although they remain below January levels. Kral has also noted that every EU country posted a goods trade deficit with China in 2023. These developments provide context to the ongoing concerns about inflation and energy in Europe.