The European Central Bank plans to closely monitor companies' expectations regarding price growth and the wage levels offered to new employees. These indicators are seen as key in light of concerns about accelerating inflation driven by recent military events.

At a conference in Frankfurt, it was noted that financial markets have already factored in the sharp rise in the cost of goods and services in the eurozone, largely due to higher energy prices. However, there is no evidence of sustained inflation exceeding the ECB's 2% target.

The ECB intends to analyze the economic situation at every meeting. There has been a significant decline in consumer confidence, as reflected in purchasing managers' indices.

Inflation expectations have a noticeable impact during the first year, after which their effect diminishes. It is anticipated that inflation figures will remain high in March and April before returning to more typical levels.

Understanding expectations for sales prices will be important for the central bank's assessment of the situation. Tracking wage trends is also considered a leading indicator for analyzing negotiated salaries.

Market data points to a sharp spike in prices rather than persistent inflation, according to the information presented.