UPDATE 2-Michelin hikes tyre prices as raw materials rise


(Adds broker's comment, car sector, Bridgestone, Continental) By Marcel Michelson PARIS, Feb 22 (Reuters) - French tyremaker Michelin kicked off a fresh round of price rises in Europe on Friday, passing on a spike in raw materials such as natural rubber, synthetic rubber, steel and oil. The increases, to take effect between March 15 and July 1, will hit both consumers and businesses, likely adding to price inflation and possibly slowing economic growth. The European Central Bank, ...

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