ECB flags risks of inflation, food prices rise
The European Central Bank warned that commodity and food prices could push euro-zone inflation higher, the latest sign of concern from officials about the buildup of price pressures in the currency bloc.
Inflation risks are mounting in the bloc's largest economy, Germany, where industrial prices jumped last month at their fatstest pace in two years and union workers in the metals sector secured an earlier-than-expected pay increase.
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >