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 July figures (%)

Ukraine		22.2	10.2	2.4

Russia		15.1	6.5	3.4
 
Spain 		10.8	2.9	-0.6

Netherlands 	10.3	1.4 	1.7

UK		10.1 	2.0	1.0

Portugal 	9.1	1.5 	0.1

U.S.		8.5	5.4	1.0

Canada 		7.6 	3.7	0.1

Germany 	7.5 	3.8	-0.1

India		6.7	5.6 	6.7 

China		2.7	1.0	2.7

2022
2021
2020


Sources: Financial Times, inflation.eu
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