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Germany Services PMI Jumps to 52.9, Highest Since February, on Demand Recovery
Valor Econômico·DE·1 day ago
ECB Governing Council member Olli Rehn stated that the recent oil price surge from Middle East tensions has not yet impacted eurozone wages or broader goods prices, but warned effects could emerge gradually. This suggests the ECB sees limited immediate inflation pass-through, reducing near-term pressure for policy action, though the risk of delayed transmission remains.
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