Inflation warning from Bank of France

The Bank of France said on Monday 28 November inflation risks in developed countries have increased because of high oil and commodity prices and could rise further.

The central bank said in its monthly report for November that overall economic and financial conditions were little changed from the spring.

"Inflationary tensions have increased due to the effect of the rise in oil and other commodities," the Bank of France said in the report, entitled "Vigilance in the face of financial system vu

To continue reading...