News & Insight
Eurozone inflation double target | Eurozone inflation double target |
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| Written by Guardian | |
| Tuesday, 01 July 2008 | |
| The European Central Bank appears certain to raise interest rates on Thursday after eurozone inflation leapt to a record high of 4% this month.Eurostat, the EU statistics agency, said June inflation jumped from 3.7% in May on the back of surging energy and food costs. Oil, which was trading near a record of $142 a barrel in Asia today, has been a key factor. http://www.guardian.co.uk/business/2008/jun/30/ecb.interestrates |
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