The ECB noted that the surge in oil prices did not affect wages in the Eurozone

The ECB noted that the surge in oil prices did not affect wages in the Eurozone

The energy shock due to the situation in the Middle East has not yet affected the prices of other commodities and has not led to an acceleration in wage growth in the Eurozone, although such a scenario cannot be ruled out, said Olli Rehn, head of the Central Bank of Finland and member of the Executive Board of the European Central Bank (ECB). influence."