Friday, September 16, 2022

Inflation Is Now A Global Concern

Barrons: Prices Soaring Everywhere: From Beans In Brazil To Pork In China 

Consumers and businesses around the world are facing steeper prices for everything from Mexico's beloved tortillas to the aluminium cans used by beer companies.

Inflation jumped after countries emerged from Covid lockdowns and it has soared since Russia invaded Ukraine, with the IMF expecting consumer prices to rise by 8.3 percent globally this year. 

Here is a look at how higher prices are affecting the world: The invasion of Ukraine by Russia, the world's third largest oil producer, sent crude oil prices through the roof. 

Read more .... 

WNU Editor: What is your country's inflation rate? The Financial Times has a good tool to find out .... Global inflation tracker (Financial Times).

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