Economy: Drop in energy prices tempers inflation

Economy: Drop in energy prices tempers inflation
ECONOMY Drop in energy costs tempers inflation Falling energy prices cooled overall inflation in May, offering some relief to consumers who have been coping for months with high gas prices. Overall consumer prices rose…
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Figure 1: Divergent Unit Labor Costs (ULCs, relative to EZ average, 1998 = 100)
Note: ULCs are computed as the ratio between compensation per employee and real GDP per employed person. Source: European Commission Any successful monetary union has eventually been associated with political and fiscal union.
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Figure 1: Divergent Unit Labor Costs (ULCs, relative to EZ average, 1998 = 100)
Note: ULCs are computed as the ratio between compensation per employee and real GDP per employed person. Source: European Commission Any successful monetary union has eventually been associated with political and fiscal union.
Read more on Haaretz Daily