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Gasoline Is Surging All Over the World in Fresh Inflation Blow.
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- Abstract:
(Bloomberg) -- The price of gasoline is starting to surge everywhere, an inflationary omen for central banks and governments the world over. Gasoline prices are often a topic of contention as those costs can be an essential daily expense for many, alongside food and rent. "Higher energy costs may push up consumer prices and lead to renewed goods inflation - a sector where price increases have slowed", said Andrew Hollenhorst, chief US economist at Citigroup Inc. [Extracted from the article]
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