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Image header Agence Europe
Europe Daily Bulletin No. 10294
Contents Publication in full By article 12 / 37
GENERAL NEWS / (eu) eu/economy

Inflation exceeds ECB target in December

Brussels, 14/01/2011 (Agence Europe) - On Friday 14 January, Eurostat confirmed that annual inflation was 2.2% in December 2010 in the eurozone, thus exceeding the 2% target of the European Central Bank (ECB) over the medium term. This was the highest level of inflation recorded since October 2008 (3.2%). Inflation had then declined to return below the 2% threshold. This tendency was overturned in November 2009. On Thursday, Jean-Claude Trichet, ECB President, hinted that, if inflation...

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