FRANKFURT―The recent rise in euro zone inflation has a structural driver in supply disruptions and the European Central Bank has to watch out for any sign of wages increases, ECB vice-president Luis de Guindos said on Monday.
The ECB officially expects price growth in the euro zone, which hit 3.4 percent last month, to ease back below its 2 percent goal next year, but many inside the bank fear inflation will prove stickier.