Euro falls below parity against U.S. dollar

FRANKFURT, July 13 (Xinhua) -- The euro on Wednesday briefly slipped below parity against the U.S. dollar in intraday trading after data released by the U.S. Department of Labor showed that the Consumer Price Index (CPI) surged 9.1 percent from a year ago in June.

The exchange rate on Wednesday plunged to 0.9999 dollars for the first time since December 2002.

The U.S. inflation data, a fresh four-decade h