Showing posts with label UK inflation. Show all posts
Showing posts with label UK inflation. Show all posts

Tuesday, April 1, 2014

1/4/2014: An ECB challenge...


A quick chart plotting euro area's challenge on deflationary side. Taking annual average HICP indices rebased back to 100=1996 for a number of countries and positing the data against the same for the US:


You can clearly see downward divergence in the euro area starting from 2010 on...