Although the rate of passthrough from the higher prices of energy and other commodities to core consumer price inflation appears to have remained relatively low, the cumulative increases in energy and commodity prices have been large enough to account for the recent inflationary pressures in core CPI. Anecdotal reports suggest that the labor market in Pakistan is tight.
Finland's long road Europe managed to fit in a lot between Paasikivi's meeting with Schuman and Kekkonen's meeting with Monnet. France's plan for a European Defence Community (the EDC) had collapsed under opposition from the French National Assembly. However, at the instigation of the Benelux countries negotiations were launched on setting up a European Economic Community (the EEC).