Rising food prices fuel eurozone inflation fears

It was reported 15 November 2007 that rising milk, cheese, egg and bread prices have helped push inflation in the eurozone to a two-year high. Year-on-year inflation in the 13 countries that use the euro rose 2.6% in October, up from 2.1% in September.

ECB: Monthly Bulletin, November 2007 http://www.ecb.int/pub/pdf/mobu/mb200711en.pdf

BBC News, 15.11.07: Euro inflation at two-year high http://news.bbc.co.uk/1/hi/business/7096228.stm

Eurostat: Press Release, STAT/07/155: Euro area annual inflation up to 2.6% , October 2007 http://europa.eu/rapid/pressReleasesAction.do?reference=STAT/07/155&format=HTML&aged=0&language=EN&guiLanguage=en

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