* Higher commodity prices to impact earnings per share * Luxury, commodity stocks best placed to pass on costs * German corporate earnings could be hit by wage demands By Harpreet Bhal and Christoph Steitz LONDON/FRANKFURT Feb 22 (Reuters) - Inflation concerns in Europe are showing no signs of letting up, forcing equity investors to reduce exposure to vulnerable sectors, with German shares particularly prone to further inflation risks. Inflation in Britain rose to 4 percent in ...
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