The global average annual inflation rate encompassing all countries is an estimated 3.81 percent as of May 2022. According to the latest statistics for 2022 from the International Monetary Fund, just 3 among the world’s 50 richest countries as ranked by Gross Domestic Product per person generated an annual inflation rate over 3 percent. Those countries are Turkey, Norway and … [Read more...] about Latest Inflation Rates for Top 50 Richest Countries
Inflation
Inflation Rates for Top 25 Richest Countries
In this report, we peruse the latest annual inflation rates for the top 25 richest countries. Our focus is on consumer prices. Consumer prices provide the quickest insights into country-specific inflationary trends, and can be used to measure other cost indicators such as wages and commodities. Inflation is caused by two complex groups of economic forces. The cost-push … [Read more...] about Inflation Rates for Top 25 Richest Countries
