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0 pointsquickthrower22y ago0 comments

I think Spain and other countries had this kind of inflation when moving to the Euro.

0 comments

Exactly opposite. Accessing Euro-zone in 1999 has stabilised Spain's inflation at around 2-4%, before getting into Euro it was wild.

https://tradingeconomics.com/spain/inflation-cpi

From 1997 until 2021 it was at a stable 2-4%. 1985-1995 it was 5%-10%, and 1965-1985 it was 10-20%.

Also, if you compare inflation of say Czech Republic, Slovakia, Poland, Estonia and Estonia (or any other comparable countries), you will have a difficult time spotting which ones of them have Euro and when it was adopted.

ffgjgf12y ago

It didn’t necessarily have much to do with the Euro. Inflation was high everywhere back in the 80s

zeroq2y ago

Yes, in Germany Euro was dubbed Teuer-o ("teuer" meaning expensive). Basically, most prices were converted 1:1 from Deutsch Mark to Euro.

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