Two-Digit Inflation: the Bank of England Forecasts It, But the ECB Refuses to
With consumer price inflation (CPI) reaching the worrisome level of nearly 9% in the Eurozone, one should look at Producer Price Inflation (PPI) to see what the coming months hold in store. Indeed, as producers grapple with increased production costs, it takes some time before they pass them on to consumers. Initially, they try to cut corners wherever possible to […]
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