ECB Study: Gas Price Hikes Pass Through to Consumers Within 4-12 Months

An ECB report quantifies the pass-through of gas price increases to consumer prices, finding that in about a tenth of countries the increase is passed on within 4-6 months, and in a third within 7-12 months. This provides a timeline for inflation transmission, suggesting that recent gas price surges could feed into consumer inflation over the coming quarters. The finding is based on ECB analysis, but the specific countries and magnitude of pass-through are not detailed.