News Analysis: European inflation risks not enough to spark policy shift

ROME, Aug. 5 (Xinhua) -- Broad inflation risks are beginning to cast a shadow over the European economy, though analysts say the trend is still not serious enough to spark changes in monetary policy.

Eurostat, the statistics agency for the European Union (EU), in July raised its estimates for full-year inflation in the 19-nation euro currency zone to 2.2 percent, up from a 1.9-percent estimate a month earlier. T