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To: pater tenebrarum who wrote (30289)5/1/2000 11:52:00 AM
From: Archie Meeties  Read Replies (1) | Respond to of 42523
 
Despite this rise in Euro supply, the EU has a MUCH lower price inflation (2.3%)than the US, and they do not massage the numbers. "Deprocessing" the US numbers, gives a 6.5% price inflation rate for 99, and it has been growing even with steady commodity prices over the last quarter, due to the strong dollar.

Another function of the per capita consumption of crude. It is higher in the US than anywhere else.


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