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inflation around the world

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  • inflation around the world

    Here is a sampling of global inflation rates.
    Eurozone 2.6pc, (highest since the launch of the euro).
    China 6.2pc
    Russia 9pc
    Vietnam 14pc
    United Arab Emirates 9.3pc
    Saudi Arabia 4.9pc
    Latvia 13pc
    Romania 6pc
    Chile 6.5pc
    Kazakhstan 8.6pc



    http://blogs.telegraph.co.uk/busines...itchesbrew.htm

    of course, i don't think these countries are sophisticated enough to leave out food and energy.:rolleyes:

  • #2
    Re: inflation around the world

    India - 2.97%

    India's Inflation Slows to a More Than 5-Year Low

    "The inflation rate will be higher by 1.5 percentage points if the entire increase in oil prices is allowed to be passed through into the economy,'' said Robert Prior-Wandesforde, senior Asian economist at HSBC Group Plc in Singapore. ``It is too early to say interest rates have peaked in India.''

    The benchmark 10-year government bond yield was unchanged after the inflation data was announced. The yield on the 7.99 percent bond due July 2017 held at 7.91 percent.

    India hasn't allowed refiners to raise prices this year on concern it will accelerate inflation before state and national elections.
    .
    .
    Reserve Bank of India Governor Yaga Venugopal Reddy, while maintaining its policy rates at a 5 1/2-year high last week, described the current inflation rate as "suppressed'' because it does not reflect the rise in oil price to records.

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    • #3
      Re: inflation around the world

      Good article.

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