Eddielogic

– Thoughts on Strategy and Management

Rate of inflation

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The inflation rate 2006 for countries of the European Monetary Union was calculated for 2,2 %. According to the newspaper FAZ (Frankfurter Allgemeine Zeitung, January 18, 2007, volume 15, p.9) the inner value of the EURO has declined at 19 % since the start of the third phase of the Monetary Union (01.01.1999).

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