Why the inflationary risk is now higher in the euro zone than in the United States

In reality, the inflationary risk is higher now in the euro zone than in the United States, for several reasons: The risk of a shortage of oil, natural gas and fuel, due to the war in Ukraine; The catch-up in wages in the euro zone, which is still to come; The depreciation of the euro and the rise in import prices; Government support for purchasing power, which is not present in the United States; The pass-through of cost increases to companies' selling prices , which is still to come in the euro zone.