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Energy prices drive Europe inflation to highest since 2008
Energy prices drive Europe inflation to highest since 2008
The overall inflation level was boosted by a jolting 17.4% increase in energy prices. Core inflation, which excludes volatile fuel and food, was more modest at 1.9%.
Interest rates held at 5% but 'on the path down'
Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf
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