Global growth is still strong owing to the resilience of emerging markets but inflation risks are significant, G10 central bankers group chairman Jean-Claude Trichet said, following a meeting of the group. "At a global level, global growth remains significant despite the slowing down observed in a number of industrialised economies and clearly thanks to the remarkable resilience of a great number of emerging economies," Trichet told journalists. "We see ongoing growth at a significant level... even if somewhat lower than in the previous year," he added. However, he also described inflationary risks as "significant" owing to oil, commodities and food price increases. These increases in prices were being seen in "all economies without any exception", Trichet said.