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Euro inflation at 4 percent; highest in 16 years (AP)

Started by riky, June 30, 2008, 03:42:47 PM

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riky

Euro inflation at 4 percent; highest in 16 years
    (AP)

 


AP - Yearly inflation in euro nations hit a record 4 percent in June, the EU statistics agency Eurostat said Monday, adding pressure on the European Central Bank to raise borrowing costs even as the economy slows.


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