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European Prices Leap 7.1 Percent

by Fergal O'Brien

EUROPEAN producer prices jumped a record 7.1 percent in May as energy and food costs surged, adding to the European Central Bank's concerns that faster inflation will become embedded in the economy. The annual...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200807/20080703/article_365395.htm"> European Prices Leap 7.1 Percent </a> by -- EUROPEAN producer prices jumped a record 7.1 percent in May as energy and food costs surged, adding to the European Central Bank's concerns that faster inflation will become embedded in the economy. The annual... </p>