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2026-11-04 02:37:35
European Central Bank Governing Council member Sleipong stated that increased risks in the energy sector will trigger a chain reaction of inflation. Energy prices are a significant component of inflation statistics; if escalating energy risks drive energy prices higher, it will not only directly push up overall inflation but will also gradually transmit to various links in the industrial chain, including industrial production, transportation, and consumer spending, leading to increased costs for downstream goods and services, thereby amplifying upward inflationary pressures and creating a broader chain reaction of inflation.
