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22nd Jun 2022 00:10Eurozone, Daily Monitor

Gas prices are rising again, as the Kremlin cut flows to some EU countries and US supply hit snags.

This is laying the groundwork for government controls on energy usage by firms; rationing is here...

...Still further upside for gas prices is likely, keeping energy inflation and the headline rate elevated.

capex electricity energy energy inflation energy prices eu fuel futures prices gas prices gdp forecasts gdp growth germany global growth government headline inflation headline rate imports india inflation easing inventories July June May monetary policy oil oil prices petroleum pmi pmi data policy q3 russia savings spain u.s. us

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