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The eurozone includes many small countries which also tend to have higher inflation than the big countries. If average inflation is calculated over the whole p
by pavlov 4y ago
The eurozone includes many small countries which also tend to have higher inflation than the big countries.
If average inflation is calculated over the whole population, it’s going to be heavily weighted towards the handful of big countries, and so it indeed makes sense that the majority of countries would have higher than average inflation.