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Europe fails to shake off deflation threat
Published Tue, Jul 14, 2015 · 09:50 PM
London
EUROPE is failing to shake off the threat of deflation, with prices falling in Sweden, flat-lining in Britain and barely registering any increase in Germany and Italy.
Data on Tuesday underlined that central banks across the continent are making little headway in boosting inflation despite flooding their economies with cash through rock-bottom interest rates and/or outright money-printing.
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