“Eurozone inflation soars to new high”
“Eurozone inflation rose in June to its highest since the bloc’s 1999 formation, data showed on Monday as political opposition mounted to an expected European Central Bank move to raise its main interest rate this week.
Prices were 4 per cent higher in June than a year earlier, twice as high as the ECB’s inflation target, according to preliminary estimates by Eurostat, the European Union’s statistical office.” Read more.
“Eurozone inflation soars to new high”
Gerrit Wiesmann
CNN, January 4, 2011.
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