Meaning: People's memories of past inflation vary widely.
Estimates of the extent of inflation vary by source, method used, estimation technique, and definition of the aggregate price level.
Indeed, in what follows, our article attempts to clarify whether the behavior of the provincial inflation rate varies between sub-periods.
Inflation (CPI) varied between 2.0% and 0.5% last year.
Put simply, monetary union created a common interest rate at a time when inflation levels varied markedly.
The experience of the first year confirms that one size fits all' monetary policy is not suitable for Europe because cyclical and inflation conditions vary substantially among countries.
But inflation rates vary by industry (the price of medical care has shot up, while the price of computers has fallen), and there is no easy way to decide which rate applies to education.
Over all, the producer price statistics indicate that inflation rates vary widely, but there are signs that even the businesses where prices have been weakest in recent years are starting to find ways to recover at least some of their higher costs.
Inflation rates vary dramatically and fiscal deficits, which have been absent since the start of the oil boom in 2003, are about to re-emerge in some countries this year.The fact that most Gulf currencies are already, in effect, pegged to each other means the benefits of union are limited compared with those in the EU.
