Lian En stated that if energy prices continue to rise, it could impact consumer spending in the autumn.

European Central Bank Chief Economist Lane stated that if energy prices continue to rise, it is highly likely to impact household consumption in the autumn, and there remains considerable uncertainty surrounding this issue. Currently, the global energy market is affected by multiple factors such as geopolitical conflicts and supply chain fluctuations, resulting in significant price volatility. Should energy prices continue to move higher, it would not only increase household spending on energy-related needs such as heating and transportation, but also further drive up production and transportation costs for various consumer goods. This would squeeze household spending power from both the income and price fronts, adding further variables to the future trajectory of economic recovery in the eurozone.