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'Xiflation' cooling muddles US$100 trillion inflation riddle

Consumer price inflation remains low in most parts of the world even as economic growth quickens

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In the eurozone, while producer prices rose 4.3 per cent from a year earlier in May, that pressure has yet to flow through to consumer inflation. Euro-area inflation decelerated to 1.4 per cent in May - the weakest reading this year - from 1.9 per cent a month earlier.

Washington

CENTRAL bankers and investors are grappling with a US$100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens.

Compounding the riddle, question marks are now emerging over the one part of the global

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