German consumer prices have climbed by an annual 3.3 percent in June, up 0.3 from May, the fastest rise since 1993.
The German Federal Statistics Office says that the rate of inflation, based on preliminary figures, is largely due to the especially high price increases for heating oil and motor fuels. In the US, oil futures climbed briefly to a new record of more than 142 dollars a barrel on 'No pregnancy pact' says US mayor ...
German cabinet approves new anti-terrorism powers ...
Oil, food costs fuel eurozone inflation ...
Deutsche Bahn looks set to move ahead with partial privatisation ...
Czech President's new spokesman to assume duties on June 1 ...
Many injured in Pakistan attack ... expectations that the weakening dollar, a major factor in crude's meteroric rise, would extend its decline and add to oil's appeal.
(Deutsche Welle)
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