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ECB’s Vujčić: Refining Constraints to Keep Diesel High, Feed Inflation

ECB’s Vujčić: Refining Constraints to Keep Diesel High, Feed Inflation

By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice-President Boris Vujčić said Friday that persistent pressure on refined energy products, particularly diesel, could continue feeding into inflation, with lost refining capacity unlikely to return in the foreseeable future.

25 September 2026

ECB Tone Meter

Entire Governing Council

27 Members
Very Dovish
Very Hawkish

Executive Board

6 Members
Very Dovish
Very Hawkish

Evolution

Governing Council vs. Executive Board

As of 24 September 2026

Meeting Bias

ECB Governing Council Meeting