
U105 Nozzle Boot
Materials:
Body: Body: Aluminum (Spray-Painted)
Package:
Product ID Net Weight Cross Weight Dimension
U105-A 1.5kg/case of1 1.6kg/case of1 8.9×7.7×41cm/case of1
U105-B 1.7kg/case of1 1.8kg/case of1 8.9×7.7×41cm/case of1
U105-C 1.1kg/case of1 1.2kg/case of1 8.9×7.7×41cm/case of1
U105-D 1.3kg/case of1 1.4kg/case of1 8.9×7.7×41cm/case of1
U105-E 1.5kg/case of1 1.6kg/case of1 8.9×7.7×41cm/case of1
U105-F 1.7kg/case of1 1.8kg/case of1 8.9×7.7×41cm/case of1
U105-G 1.7kg/case of1 1.8kg/case of1 8.9×7.7×41cm/case of1
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Euro-area interest rates
Serious business
Mar 2nd 2006
From The Economist print edition
The ECB s second interest-rate rise in three months is not as mad as it seems
IN THE few days before Lent the stereotype of Germans as a people without humour takes a thorough pasting. In
the Rhineland and the south, it s carnival time. The streets are filled with parades of elaborate floats, there s lots to
eat and drink and nobody does a stroke of work. Men in ties are liable to have them snipped off by scissor-toting
women. On Ash Wednesday order is restored. This year the European Central Bank (ECB), in Frankfurt, did its bit
for renewed sobriety. On Thursday March 2nd its mainly male policymakers tightened their (intact) neckwear and
raised interest rates by a quarter-point, to 2.5%.
Although the increase, the second in three months, was widely expected, many commentators think it was a
mistake. In the fourth quarter of last year euro-area GDP growth slowed sharply, to only 1.2%. German consumer
spending fell for the fourth quarter running, the first time this has happened since at least 1960. Inflation seems to
be under control. New figures this week showed that the euro area s core rate of inflation (ie, excluding energy,
food and tobacco) fell to only 1.2% in January, the lowest for nearly five years.
Nevertheless, the ECB has some sound reasons for tightening policy. First, fuel dispenser it places more weight on the headli fuel dispenser ne
rate of inflation than on the core measure. At 2.3%, the headline rate is well above the bank s target of close to,
but less than, 2%. The ECB remains worried that rising energy prices will feed into general prices.
fuel dispenser Second, even after this rate rise, policy is lax by past standards, despite what the ECB s critics say. Real interest
rate