When energy prices increase, household budgets feel the heat.
Energy shocks reduce purchasing power, leading to weaker consumption. Households that spend more of their income on energy are disproportionately worse off.
Read our #EconomicBulletin ecb.europa.eu/press/economic…
The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
- When confidence falls, consumers hit pause. The confidence shock from the Middle East war is strongly linked to weaker spending – particularly on non-essentials, driven by higher-income households with more scope to postpone purchases. #EconomicBulletin ecb.europa.eu/press/economic…
- 🇧🇬 🇪🇺 Bulgaria joined the euro area seven months ago. During her visit to the country earlier this month, ECB Supervisory Board Chair Claudia Buch sat down with bTV to discuss geopolitical risks, cyber threats and the outlook for Bulgaria’s banking sector. Watch the full
- Fuel prices at the pump surged in 2026 following the outbreak of the conflict in the Middle East, driving up euro area energy inflation. In this blog post, we look at what drives fuel price dynamics at the petrol station ecb.europa.eu/press/blog/dat…
- 🇧🇬 🇪🇺 During a recent visit to Bulgaria, ECB Supervisory Board Chair Claudia Buch spoke to @novatv_bg about the transition to the euro, banking supervision and the challenges posed by today’s geopolitical environment. Watch the interview (in Bulgarian) nova.bg/news/view/2026…

