03/28/2008 02:45 am ET Updated May 25, 2011

Euro Inflation At Two-Year High

Rising milk, cheese, egg and bread prices have helped push inflation in the eurozone to a two-year high.

Year-on-year inflation in the 13 countries that use the euro rose 2.6% in October, up from 2.1% in September.

Price inflation is at its highest level since September 2005, due also to spiralling oil prices which have forced up the cost of petrol.

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