FT.com / World - Eurozone inflation hits two-year high

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I am not an economist so I don't understand how inflation can be going up in the Eurozone at the same time the dollar is decreasing in value, and the exchange rate should make goods from Asia cheap.

In addition today's article, FT.com / World - Eurozone inflation hits two-year high, states that the 13 region economy is slowing and economic sentiment indicators declining.  If someone understands this dynamic, please let me know.

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