Certains gouvernements de la zone e

Certains gouvernements de la zone euro ont procédé à un relèvement des taux de la Taxe sur la Valeur Ajoutée, le taux est passé de 18,1 % en 2010, à 19,7 % en 2011 et à 20 % en 2012. Ceci a pu maintenir l’inflation malgré un contexte économique dégradé, conjugué avec l’impact de la dépréciation de l’euro sur les prix des produits importés. Toutefois la stabilité inflationniste peine à être soutenue. En effet, un rebond des prix du pétrole est intervenu à la suite de nouvelles tensions politiques et les prix des produits alimentaires, plus particulièrement ceux des céréales, ont aussi explosé. Ces hausses pourraient se transmettre progressivement, mais de manière atténuée, au niveau des prix à la consommation.

L’inflation a reculé dans la majorité des pays en développement en 2012, mais demeure élevée dans certains pays. La modération de l’inflation a toutefois ouvert la voie à des assouplissements de la politique monétaire, notamment en Asie et au Brésil. Une stimulation monétaire a été enclenchée. Depuis le début de l’année, des baisses des taux directeurs ont été décidées en Chine, en Corée du Sud, en Indonésie, en Thaïlande et aux Philippines. Les marges de manœuvre des autorités monétaires indiennes sont, en revanche, très limitées, avec une inflation qui reste structurellement et conjoncturellement très élevée.

Kết quả (Anh) 1:

Some Governments of the euro area proceeded to an increase in the rate of value added tax, the rate increased from 18.1% in 2010, to 19.7% in 2011 and 20% in 2012. This could keep inflation despite a degraded economic environment, combined with the impact of the depreciation of the euro on prices of imported products. However the inflationary stability penalty to be sustained. Indeed, a rebound in the price of oil is reached as a result of new political tensions and the prices of food products, especially cereals, have also exploded. These increases could be transmitted gradually, but way down, to the level of the consumer price.Inflation fell in the majority of the developing countries in 2012, but remains high in some countries. However, the moderation of inflation paved the way to relaxations of monetary policy, particularly in Asia and the Brazil. A monetary stimulus has been switched on. Since the beginning of the year, reductions in interest rates have been made in China, South Korea, Indonesia, Thailand and the Philippines. However, the room for manoeuvre of the Indian monetary authorities are very limited, with inflation remaining structurally and based very high.

Kết quả (Anh) 2:

Some governments in the euro zone had an increase in rates of Value Added Tax, the rate increased from 18.1% in 2010 to 19.7% in 2011 and 20% in 2012. This could keep inflation despite a depressed economic environment, combined with the impact of the depreciation of the euro on prices of imported goods. However inflationary stability barely be sustained. Indeed, a rebound in oil prices has occurred as a result of new political tensions and food prices, particularly for grains, have also exploded. These increases could be spread gradually, but so attenuated, the level of consumer prices. Inflation declined in the majority of developing countries in 2012, but remains high in some countries. The moderation in inflation, however, opened the way for easing of monetary policy, particularly in Asia and Brazil. Monetary stimulation was initiated. Since the beginning of the year, interest rates decreases were decided in China, South Korea, Indonesia, Thailand and the Philippines. Operating margins of Indian monetary authorities are, however, very limited, with inflation remaining structurally and cyclically high.

Kết quả (Anh) 3:

Some governments in the euro area have proceeded to a rehabilitation of the rate of the tax on the value added, the rate rose from 18.1 per cent in 2010, to 19.7 per cent in 2011 and 20 per cent in 2012. This has been able to maintain the inflation despite an economic context gradient, combined with the impact of the depreciation of the euro on the price of imported products.However, the inflationary stability penalty to be sustained. In effect, a rebound in oil prices is reached as a result of new political tensions and the prices of food products, particularly those for cereals, have also exploded. These increases could be gradually transmit, but in a restrained manner, at the level of consumer prices.

Inflation declined in the majority of developing countries in 2012, but remains high in some countries. The moderation in inflation has however opened the way to the flexibilities inherent in the monetary policy, particularly in Asia and Brazil. A monetary stimulus has been engaged. Since the beginning of the year, decreases in policy rates have been decided in China,In South Korea, Indonesia, Thailand and the Philippines. The margins of maneuver of the monetary authorities are Indian, on the other hand, very limited, with an inflation rate that remains structurally and conjunctural very high.