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Europe Daily Bulletin No. 9693

1 July 2008
GENERAL NEWS / (eu) eu/economy
Almunia very concerned about inflation level

Brussels, 30/06/2008 (Agence Europe) - Addressing the European Parliament economic and monetary affairs committee on Monday 30 June, European Economic and Monetary Affairs Commissioner Joaquin Almunia said that he was deeply concerned about the economic and, especially, social consequences of inflation, which, with its rate of 4% in the month of June, was at its highest level since the single currency came into use. He said that it was clear that quarterly inflation figures would be higher...

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