finance
Eurozone inflation rises to 2.5% as energy costs surge after Iran conflict
Higher energy costs tied to the Iran conflict pushed eurozone inflation to 2.5% in March, exceeding the ECB 2% target and prompting EU calls for voluntary fuel savings.
Mar 31st 2026 · Iran
Insights
- Eurozone inflation rose to 2.5% in March from 1.9% in February.
- Energy prices increased 4.9% year on year due to disruptions linked to the war involving Iran.
- Core inflation excluding energy and food fell to 2.3%, down 0.1 percentage point.
- Fresh food prices rose 4.1%, 0.5 percentage point less than the prior month.
- Brent crude traded around $107 per barrel, up from about $72 before the attacks on Iran.
- The European Commission urged member states to consider voluntary cuts in oil and gas use and EU energy ministers will meet to review supplies.
Sources
- La inflación en la zona euro escala hasta el 2,5% en marzo por el encarecimiento de los combustibles elpais.com
- La inflació es dispara a l’eurozona fins al 2,5% per la guerra a l’Iran www.elpuntavui.cat
- La inflación sube al 2,5% en la eurozona debido al fuerte incremento de los precios energéticos por la guerra de Irán www.eldiario.es
- La inflació es dispara a la zona euro fins al 2,5% per la guerra a l’Iran www.elpuntavui.cat
- La inflación de la Eurozona se dispara en marzo al 2,5% por el impacto del conflicto en la energía www.20minutos.es
- War’s First Inflation Hit Arrives in the Euro Area www.bloomberg.com
- La inflación de la eurozona sube al 2,5% por el encarecimiento de los combustibles www.lavanguardia.com
- U.S. farmers react to rising diesel costs as Iran war rages on www.cbsnews.com