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Europe Daily Bulletin No. 10298

21 January 2011
Contents Publication in full By article 11 / 38
GENERAL NEWS / (eu) eu/ecb
Concern about farm prices, rising tension about debt

Brussels, 20/01/2011 (Agence Europe) - The European Central Bank (ECB) is concerned about the rise in commodity prices, which feeds into the price of food and therefore leads to inflation, and the ability of EU agriculture to respond to global demand. Both ideas are expressed in the ECB's monthly report published on Thursday 20 January. The ECB explains that food commodity prices shot up in 2010, giving the example of wheat, corn and soya. Inflationary pressure is expected to be strong in...

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