BERLIN/TOKYO -- Inflation continues to rage in Europe, with monthly consumer prices rising faster than in the U.S. and Japan on a year-on-year basis. By one estimate, roughly 50% of price increases in Europe stem from local companies passing higher costs on to consumers or jumping on the inflation bandwagon. As price increases outpace wage growth, consumption has sagged in the region.
Higher corporate earnings account for half of inflation in Europe.
Datawatch
'Greedflation' still grips Europe
Corporate profit growth continues to outpace wage increases
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