Euro-area inflation is poised to set another record when details are published this morning, with economists predicting an 8.5% annual rate for June that will prime the European Central Bank for its first interest-rate increase in more than a decade. The lofty number will follow a series of mixed national figures from around the region. Spain reported an eye-watering 10% — the first double-digit reading in a major euro economy. By contrast, Germany’s 8.2% rate and 6.5% in France were in line with or below what e...