ECB's Vujcic warns diesel prices may fuel euro zone inflation
Says elevated diesel prices, driven by shrinking refining capacity and supply disruptions, could feed into broader inflation.
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Says elevated diesel prices, driven by shrinking refining capacity and supply disruptions, could feed into broader inflation.
Diesel prices are likely to remain elevated because of shrinking global refining capacity, threatening to push up broader inflation across the euro zone, European Central Bank Vice President Boris Vujcic said on Friday.Diesel prices have surged to record highs as conflicts in the Middle East an…