Lian En: Eurozone energy costs have not yet triggered a significant second round of inflationary effects

The Chief Economist of the European Central Bank, Lian En, stated that the high energy costs in the eurozone have not yet triggered a second round of inflation effects, and the transmission strength of this effect is still unclear. Currently, a strong second round effect has not been observed, and there is still uncertainty about the transmission strength of energy prices to other economic sectors. (Source: Golden Ten Data)