The European Central Bank said it expects a war-driven rise in oil prices to reduce eurozone GDP growth by about 0.4 percentage points in the first year.
According to Jin10, the ECB described the impact as occurring within the first year following the oil price increase.
European Central Bank Expects War-Driven Oil Price Rise to Cut Eurozone GDP Growth by 0.4 Percentage Points
2026-06-24 20:02:30
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