Euro-Region Inflation Rate Declines More Than Forecast - Bloomberg - 2 views
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fell to 2.4 percent from 2.6 percent
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Joe Kanagawa on 31 May 12Inflation rate has gone down, but it's still positive, so "disinflation" is happening in the said region.
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Edward Pearson on 01 Jun 12below 5% - deflation possible in future
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Crude-oil prices have dropped about 16 percent in the past two months, easing inflation pressures
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The type of inflation the region is in could be "cost-push inflation" due to changes in the prices of oil affecting the inflation rate.
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decrease in oil - oil would be part of basket of goods for CPI - inflation could be higher because governments could underrate the spending on oil and change figures
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Still, data today showed the German unemployment rate fell to 6.7 percent in May from 6.8 percent
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