🇪🇺 Oil Price Shock Impact on EU

Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of EU's economy.

Sectors

• ✈️ Travel & Tourism — estimated +13.1% to +24.1%
• 🚛 Transportation — estimated +17.5% to +32.1%
• 🛒 Food & Groceries — estimated +6.6% to +16%
• ⚡ Energy — estimated +21.9% to +40%
• 🏗️ Construction — estimated +8.7% to +18.7%
• 🏠 General Cost of Living — estimated +10.9% to +21.4%