Financial Times FT.com

Eurozone inflation at ECB target

By Ralph Atkins in Frankfurt and Chris Giles in London

Published: August 31 2007 10:35 | Last updated: August 31 2007 21:19

Eurozone interest rates appear even less likely to rise next week after data showed economic growth in the 13-country region might have lost some momentum and that inflation remained under control.

Economic confidence fell in August for the third consecutive month, led by declines in the service sector, construction and among consumers, according to the European Commission.

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