login
login

Europe Daily Bulletin No. 10474

15 October 2011
Contents Publication in full By article 10 / 39
GENERAL NEWS / (ae) eu/economy
Sharp rise in inflation in September

Brussels, 14/10/2011 (Agence Europe) - Annual inflation shot up in the eurozone in September from 2.5% in August to 3%, far outstripping expectations. Analysts had been betting on a 2.5% rise. This is the tenth time in a row that inflation has overshot the 2% level desired by the European Central Bank (ECB), which will further complicate its work in the midst of the economic downturn. The ECB has already raised euro interest rates twice this year, to 1.5% at present, and may well have to...

Contents

THE DAY IN POLITICS
GENERAL NEWS
EVENTS CALENDAR