Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
How Eurozone Services Inflation Is Ripping Apart
In this episode of The European Economy Podcast, Lucas and Luna drill into the single biggest headache for the ECB in mid-2026: services inflation. Even as energy prices stabilise and goods inflation fades, services prices are running at 4.8% year-over-year in the Eurozone as of May 2026. They break down why this is happening — from the labour cost passthrough in Germany's hospitality sector to Italy's regulated transport tariffs — and what it means for the ECB's next move. They also touch on the surprising divergence between Northern and Southern European services inflation…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.