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Eurozone producer price inflation accelerated in August as energy prices surged, data from Eurostat, the EU
SORRENTO, Italy, Oct 5 (Reuters) - Euro zone inflation is high and upward risks dominate but expensive energy has yet to feed through to wages and other prices, Bundesbank President Joachim Nagel said
Eurozone inflation stands at 3.8%, with Bundesbank President Joachim Nagel warning of upside risks from energy, food and refining costs. However, wage and price-setting remain contained, while long-term inflation expectations stay aligned with the ECBs 2% target. Markets increasingly expect further ECB rate hikes,…