The Specter of Inflation Rising Prices Lurk in Europe's Immediate Future

Moderate inflation isn't a bad sign. But prices in Europe are threatening to spiral upward in the near future as commodity prices across the globe explode. What's more, there may be little the European Central Bank can do about it.
Prices for fuel have shot up in Germany in recent months. Other consumer goods aren't far behind.

Prices for fuel have shot up in Germany in recent months. Other consumer goods aren't far behind.

Patrick Pleul/ dpa
Translated from the German by Christopher Sultan
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