Euro Area Inflation: Why Low For So Long? - forex leaning place

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Wednesday, 29 August 2018

Euro Area Inflation: Why Low For So Long?

The euro area economy is in its fifth year of recovery, unemployment is close to its pre-crisis level and the output gaps of most countries have closed. Yet, core inflation continues to be low, notwithstanding temporarily high headline inflation due to higher energy prices. It may look as if the...


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