The value of the euro has increased and the central banks of China, Russia and countries in the Middle East are increasing their component ratio of euro, and there are now more bonds and currency issued in euro than in US dollars; do you think that the euro could replace the US dollar as a key currency?
Firms in a range of industries are now indicating that they are prepared to pass cost increases through to consumer prices. Looking forward, we expect a further increase in the inflation rate as the effects of global developments wash through the year-ended figures.