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Euro inflation measured by commodity prices
submited on 11.09.2010 in category Monetary policy
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Euro inflation measured by commodity prices

Commodity prices, measured in euro, soared by 29% in the year to August 2010. Industrial commodities - metals and non-food agricultural produce - appreciated by some 35% for the period. Price of oil rose too, though more modestly, by 12.6%. Gold price jumped by 47% for 12 months, even quicker than industrial prices, main reason being the debt crisis in Europe.

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