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Rise in eurozone interest rates looks almost a certainty

A rise in benchmark eurozone interest rates next month looked ever more likely yesterday when official annual inflation in the 15-nation bloc in May was revised up unexpectedly from 3.6% to a fresh record of 3.7%.

A rise in benchmark eurozone interest rates next month looked ever more likely yesterday when official annual inflation in the 15-nation bloc in May was revised up unexpectedly from 3.6% to a fresh record of 3.7%.