Euro-zone inflation climbs to 1.9 per cent in July

BELGIUM - Inflation in the 12-nation euro zone edged up to 1.9 per cent in July compared with the same month in 2001, the statistics body Eurostat reported on Wednesday, citing provisional figures.

The year-on-year rate in June was 1.8 percent.

The July rate therefore stayed below the two percent level advocated by the European Central Bank.

The result was in line with expectations from analysts, who noted that Germany, the largest euro-zone economy, reported a one percent hike in inflation in J

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