based on a Financial Times item
Latest economic notes from the Ruropean Economic Community warn that prices have beon rising disturbingly in member ountries over the past wooks. French government measures are having a stabilising effoct on the inflationary spiral in that country, but a fast rise in Italian prices continues. Tho Commission describes Dutch price increases as "romarkable",. Inflation gathered momentum in Belgium towards the ond of last year, and in Gormany there are signs that an upward movoment is beginning. Higher world prices for imported raw materials and palm products are responsible, says the Commission — this devolopmont contributing to the lotsrioration 6f the Corsiuni“y's 2. oxtornal trado hainnco.