Friday, June 20, 2008

Global Inflation Rates

We think we have it bad here...

Although it's widely believed to be underestimated, the CPI in the US is on the lighter side of inflation compared to the 70 other countries listed below. As shown, the median CPI for the 71 countries is 5.83% (YoY) compared to the most recent CPI of 4.2% in the US. The highest inflation rate goes to Venezuela and the Ukraine at 31%, followed by Sri Lanka (26%), Vietnam (25%), Egypt (19.7%) and Pakistan (19.27%). Although our "official" inflation rate is below the majority of the countries we analyzed, prices here are higher than major countries like France, Germany, the UK, Canada and Japan.

Globalinflation_2

No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.