Global inflation highest in decades Inflation is at its highest level in decades, due to Russia’s invasion of Ukraine hiking the cost of energy and food around the world INFLATION COMPARISON – SELECT GLOBAL ECONOMIES Change in consumer price index, year-on-year June figures (%) 2022 2021 2020 U.S. China Germany UK India Canada Russia Spain Netherlands Ukraine Portugal 15.9 6.5 3.2 10.2 2.7 0.3 9.4 2.5 0.6 9.1 5.4 0.6 8.6 2.0 1.6 8.1 3.1 0.7 7.6 2.4 0.9 7.0 6.3 6.2 2.5 1.1 2.5 21.4 9.5 2.4 8.7 0.5 0.1 © GRAPHIC NEWS Sources: Financial Times, inflation.eu