Trademagazin > News and articles > Market News > The consumer price growth in the euro area broke a two-year record last December
The consumer price growth in the euro area broke a two-year record last December
According to Tuesday's statement of Eurostat, the EU’s statistics office; consumer prices rose by 2.2 percent in December 2010, compared to a year earlier. Recently such a pace was recorded in October 2008.
Last November, inflation rate was 1.9 percent in the EU countries using euro. Eurostat will publish a detailed report, over the reasons of the acceleration of the price increases in mid-January – reports MTI.
Related news
More related news >
Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >