Economics
Supercore Inflation Guides ECB as Oil Muddies Price Outlook
- Floor coverings and cappuccino offer clues on deflation threat
- Central bank needs to know if weak prices becoming entrenched
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Carpets, vacuum cleaners and cups of coffee: those are three of the key consumer items that economists at the European Central Bank are pondering to figure out whether oil’s slump is leading the euro area into deflation.
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