Recurring series
INGSnap
Finvaulta tracks 13 editions of Snap from ING, published between August 17, 2026 and September 1, 2026. Each edition is summarized on its own page.
Latest edition · September 1, 2026
ING Think eurozone inflation at middle east war high but no sign of core inflation moving up yet
Eurozone headline inflation accelerated to 3.3% in August 2026 due to higher energy prices linked to the Middle East conflict, while core inflation fell back to 2.4%. This combination facilitates an ECB interest rate hike in September but clouds the outlook for further tightening.
Eurozone headline inflation increased from 2.9% to 3.3% year-on-year in August 2026, marking a new high since the Middle East conflict began six months prior. The increase was driven primarily by energy inflation accelerating to 14.3% YoY, alongside a slight rise in goods inflation to 1.2%. However, core inflation dropped back to 2.4%—unchanged from February—supported by a decline in services inflation to 3.0% and stable food inflation at 1.2%. While upside risks from supply chains and wage growth remain, the benign core rate makes a September ECB hike easier to execute while leaving future hikes up for debate.
Read the latest edition in fullKey takeaways from the latest edition
- 1.Eurozone headline inflation rose from 2.9% to 3.3% in August 2026, reaching its highest level since the onset of the Middle East conflict due to surging energy prices.
- 2.Core inflation remains contained at 2.4%, matching pre-conflict levels in February, showing little immediate energy cost pass-through.
- 3.Services inflation declined to 3.0% and food inflation held at 1.2%, while goods inflation crept up to 1.2%.
What this series covers
- Eurozone inflation hits a Middle East war high, but core pressures remain contained
- Author
- Disclaimer
Edition archive
ING Think eurozone inflation at middle east war high but no sign of core inflation moving up yet
September 1, 2026
ING Think fall in inflation in the netherlands but only for now
September 1, 2026
ING Think us manufacturing remains robust but jobs market stays subdued
September 1, 2026
ING Think revised gdp data confirms italian economic resilience in the second quarter
September 1, 2026
ING Think italian confidence data improves further in august
August 28, 2026
ING Think strong jump in eurozone sentiment in august
August 28, 2026
ING Think warshs hawkish words pivots the curve flatter
August 28, 2026
ING Think ecb prepares markets for september rate hike
August 27, 2026
ING Think eurozone bank lending growth accelerated in july
August 27, 2026
ING Think bsp stays hawkish as inflation risks remain elevated
August 27, 2026
ING Think us spending stalls as inflation makes slow progress towards target
August 26, 2026
ING Think german ifo index aug26
August 25, 2026
ING Think construction pricing heat up in czechia
August 17, 2026
Series at a glance
- Editions tracked
- 13
- First edition
- August 17, 2026
- Latest edition
- September 1, 2026