ECB flags risks of inflation, food prices rise

By: trademagazin Date: 2011. 01. 21. 12:47

The European Central Bank warned that commodity and food prices could push euro-zone inflation higher, the latest sign of concern from officials about the buildup of price pressures in the currency bloc.

Inflation risks are mounting in the bloc's largest economy, Germany, where industrial prices jumped last month at their fatstest pace in two years and union workers in the metals sector secured an earlier-than-expected pay increase.

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