True True 1 1 1 10 True False False Frederik Toscani Load More Inflation | Podcast Euro Area Inflation and how Import Prices, Profits, and Wages fit in While import prices account for much of Europe’s inflation, its outlook largely depends on how companies absorb wage gains as higher prices erode workers’ purchasing power. IMF economist Frederik Toscani says corporate profits account for 45 percent of price rises since the start of 2022. Frederik Toscani See Also Magazine Archives Country Focus Blogs