Inflation Worries in Euroland

January 21st, 2011
in News, Background, econ_news

europe map The Wall Street Journal:  Deflation may still be a worry in the periphery of the EU (Ireland,Greece,Portugal, Spain, etc.), but in the core countries (especially Germany) inflation is now looking worrisome.  "Very close monitoring of price developments is warranted," the ECB said in its January bulletin, issued Thursday, though officials said they still expect inflation to remain under wraps over the medium term.

Follow up:

inflation germany The European Central Bank warned that commodity and food prices could push euro-zone inflation higher, the latest sign of concern from officials about the buildup of price pressures in the currency bloc.

Inflation risks are mounting in the bloc's largest economy, Germany, where industrial prices jumped last month at their fatstest pace in two years and union workers in the metals sector secured an earlier-than-expected pay increase. Read more at The Wall Street Journal.....









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1 comment

  1. Europe says :
    ****-

    In July, inflation in the euro zone has slowed to 0.2 per cent and was 2.5% on an annual basis at 2.7 in June. Data of the European statistical office Eurostat. For comparison - in July last year, inflation was much lower 1.7%.

    Across the European Union appreciation of life on an annual basis in July was 2.9% at 3.1 in June. Lowest inflation in July was observed in Ireland, Slovenia and Sweden, while the highest - in Estonia, Latvia and Romania.

    According to Eurostat inflation in the country in July on an annual basis was 3.4%. NSI data do indicate 4.4 per cent





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