Global inflation may have peaked

Key economic indicators suggest rampant inflation is falling, but the breakdown in supply chains caused by the pandemic and geopolitical tensions is likely to keep consumer costs volatile


50 PRODUCER PRICE INFLATION %

Change in prices of goods bought and sold by manufacturers

			Peak
40 	Spain 		Mar 46.98%
	Germany		Aug 45.85 
	Denmark 	Aug 37.58 
	Czech Rep 	Jun 28.55 
	Portugal	Mar 26.60 
30	Sweden 		Jun 25.57
	Poland		Jun 25.53  
	UK		Jul 19.77  
	U.S.		Mar 11.66 
20	Mexico		Apr 10.50
	Switzerland	Apr 4.51
10
0 	2018			2021 	2022
-10


Sources: Financial Times, The Guardian, The Economist 
Picture: Getty Images
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