ECB's Weber says inflation risk 'noticeably' up

European Central Bank Governing Council member and Bundesbank President Axel Weber said upward risk for euro area price stability has grown "noticeably", with inflation expected "with sufficient certainty" not to duck below 2% by the end of next year.

In a speech at a gathering of cooperative banks, Weber said: "All in all, the upward risk for price stability has noticeably increased."

"It means that we will probably return to price stability only at the end of 2006 due to oil prices, which are

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