Prices are falling in eight European countries. The zone’s - TopicsExpress

Prices are falling in eight European countries. The zone’s overall inflation rate has slipped to 0.3% and may well go into outright decline next year. A region that makes up almost a fifth of world output is marching towards stagnation and deflation. Does anyone know how they make this calculation? All I see as a consumer is that everything is getting more expensive. Look how much groceries cost, and how much services cost. Everyone is raising prices. So what the hell is this talk about deflation?

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