May 31, 2016

STUCK?:

Eurozone inflation remains stuck below zero (dEUTSCHE-wELLE, 5/31/16)

In May, the annual inflation rate in the 19-country eurozone remained stuck below zero for a second straight month, and the third month in the last four, according to official figures released by the European Statistics Office (Eurostat) on Tuesday. Consumer prices fell 0.1 percent year-on-year, after slipping 0.2 percent in April, Eurostat data showed.

We grow ever wealthier as stuff costs ever less. God grant that we have the wisdom to stay stuck.

Posted by at May 31, 2016 3:23 PM

  

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