Spanish Core Inflation Turns Negative (user search)
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  Spanish Core Inflation Turns Negative (search mode)
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Author Topic: Spanish Core Inflation Turns Negative  (Read 693 times)
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exnaderite
Junior Chimp
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Posts: 7,223


« on: May 15, 2010, 03:18:22 AM »

I have no idea how to justify the data from Greece. Basic macroeconomics states that Greece should be plunging into deflation. Instead, the CPI continues to soar above the Eurozone average and surged as the recent financial crisis set in. April 2010 CPI is 4.8% (!!) up in one year! Could this be the sharply higher VAT, or is something very sinister in play in Greece?

http://www.global-rates.com/economic-indicators/inflation/consumer-prices/cpi/greece.aspx
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