71. Nonetheless, rising wages, as more people are employed, is a major concern for the central bank, lest higher wages accelerate inflation. 72. Neither report raises any new concerns that economic growth will heat up enough to accelerate inflation. 73. Now a weaker peso, instead of boosting growth, is accelerating inflation and driving up interest rates, offsetting stimulus from higher export demand. 74. Part of the reason, traders and analysts said, was the concern that lower European interest rates could stimulate global economic growth and accelerate inflation as a result. 75. Past krona devaluations and subsequent ERM re-linkings have led to accelerating inflation and increasing budget deficits. 76. Philippine stocks tumbled to their lowest in almost six months on concern that a shortage of rice would accelerate inflation, analysts said. 77. Prices of Treasury securities rose Tuesday, bolstered by reports that suggested the economy was not growing at a fast enough pace to accelerate inflation. 78. Prospects for a German rate cut had already dimmed in recent days as other western German states reported accelerating inflation in June. 79. Prices of Treasury securities fell on Monday amid revived investor concern over continuing strong growth that could accelerate inflation. 80. Prices of Treasury securities rose Thursday after a report showed weaker-than-expected factory orders, easing investor concern that strong economic growth would accelerate inflation. |