Europe is hardly trying to catch up on CPI…

Friday CPI Data for May 2022 got published: Mehr Statistiken finden Sie bei Statista https://de.statista.com/statistik/daten/studie/163462/umfrage/inflationsraten-in-den-laendern-der-eurozone-monatswerte/#professional Also the PPI Data was announced which hiked to 33.6% YTD. Eurozone gas explosion, sets up for a very difficult winter pic.twitter.com/gzVwlvER3I — Global_Macro (@Marcomadness2) …

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[Bloomberg] Europe Risks Rationing If Putin Cuts Off Russian Gas Supply. Spat over payment terms could lead to supply cut next month.

https://www.bloomberg.com/news/articles/2022-04-24/europe-risks-rationing-if-putin-cuts-off-russian-gas-supply?srnd=markets-vp The prospect of Europe getting cut off from Russian gas supplies is starting to get real. The clock is ticking in a standoff over the Kremlin’s demand that its customers in Europe pay in rubles for the fuel, which …

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