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Fuel prices are help to force the inflation rate for the euro to new heights. This comes directly from the head of the ECB (European Central Bank) day after warnings of rising prices in the region. Cost of food production and transport both food supply saw prices due to the rising fuel costs rise. Prices for energy gained 2.3% from November to December, that is, there was an 11% increase in the cost of energy from December 2009 to December 2010. These figures are now significant.

Estonia saw highest inflation rate of heterogeneous

The sixteen countries using the euro Estonia saw the highest inflation rate of all. Previous figures for this country are not available since you joined the block one year ago. With an inflation rate of 5.4% Estonia Greece leads, saw your rate inflation reaching 5.2% for 2010. And Slovakia came with the lowest rate that saw an increase of 1.2% last year. Overall, the price rose to UK were factory by 4.2% in December 2010.

Other countries suffering from steep inflation and

The wholesale price index or WPI in India saw a boost which was the highest in the past year (8.43%). China has high inflation were fighting cash in reserve forces their banks to keep a tight rein hold on how money is spent. How a hard winter energy costs on European Nations increases only, so that it feels more difficult whether physically or financially well. Jean-Claude Trichet, President of the ECB (European Central Bank) has warned inflation in the euro area well can rise even further over the coming months due to higher energy costs. Food prices have climbed significantly in the past year and many acts of nature have combined a dim Outlook for the economy as well cast. Wheat and sugar, major exports of Australia, were due to flooding of farmland damaged.

December food bulk en prices were highest on record

The FAO (food and Agriculture Organization) says food costs for December highest are on record. This seems similar to 2008 and the food crisis and all around the globe, but FAO is violence quickly brought about to say demonstrations occurred that away by bad emergency, a few years back. Algeria and Tunisia but expressed concerns due to its recent demonstrations. If food becomes scarce people tend to fear and panic. High prices seem worldwide of rising cost of fuel (oil) even powered.

Damaged deliveries with oil costs coupled inflate food worldwide

Almost 20% contributed increase in countries like Australia, Canada and Russia growing storm in many large harvest the food costs for 2010. Combining with rising oil prices, which transport costs which crops to increase and you can see, that it always the perfect storm situation for the worlds food supply. Russia saw fire and drought conditions to damage that so many of their cultures that you placed a ban on the exporting many crops. Canada and Australia were each with severe flooding plagued to destroy much your sugar cane and wheat.

The world's food growers are more people than ever before feeding.

Oil prices are affected by VS demand.

At almost $100 per barrel oil is on its second highest level of the last two years. As well as food supply and demand issues is concerned, is oil also rise and fall or pricing. If there is a glut of oil costs decline significantly, but if it is bottlenecks (such as in the past few months) the price per barrel increase. China, for example used an increasing amount of fuel for its new vehicles and how that enormously occupied land continue to grow and prosper even more of the world's resources needed. China is a major contributor of cereals and other goods. Since the recent recession part the past seems to be, it will join replaced as food and energy seem during salaries stagnant or even less than more unemployment rising costs of such things. These volatile inflation statistics are especially difficult to developing nations such as Argentina and Venezuela where your rate inflation reaches double digits.

All this doom and gloom forecast a brighter future

Itself as the world economic future looks bleak future ahead slows improvements are on the horizon. Lower unemployment rates are evident all over the world, and if the work force more people you will be able to buy return what you want and need. This increases the production and that will bring the prices again.