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Detail
ArtikelThe Riddle of Eurozone Inflation  
Oleh: Corsetti, Giancarlo
Jenis: Article from Bulletin/Magazine - ilmiah internasional
Dalam koleksi: Europe's World: The Only Europe-Wide Policy Journal no. 5 (2007), page 44.
Topik: Eurozone Inflation; Giancarlo Corsetti; Euro; Rising Prices
Fulltext: The riddle of eurozone inflation (win).pdf (90.0KB)
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Isi artikelRight across the eurozone many consumers complain about rising prices. Some say the euro has brought modest inflation, others believe that it has been much more serious. Giancarlo Corsetti investigares the puzzling differences between perception and reality. European consumers have been grumbling about the euro's impact on prices eversince it was launched in 2002. Many Germany call the currency, the "teuro", adding the "t" from "teuer". meaning expensive. In fact, average inflation in the last few years has hovered just above 2 %, quite close to the level defined by the European Central Bank as the benchmark of price stability in the monetary union. So have the eurozone citizens simply got it wrong?
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