Home Business Prices are at the highest level in almost 70 countries.

Prices are at the highest level in almost 70 countries.

Annual inflation in 69 countries in September reached its highest level in several years, and Europe became the most “inflated” region – in 27 European countries, price growth rates peaked

This is evidenced by a study by the Novosti agency based on statistical data from 193 UN member states. The final section of the study included the situation in 155 countries as of mid-November from seven regions of the world: Asia, Sub-Saharan Africa, Middle East and North Africa, Europe, Oceania, South and North America.

Price growth rates in September recorded the highest historical levels in three European countries – Bosnia and Herzegovina (17.3%), the Netherlands (14.5%) and Germany (10%), as well as in Sri Lanka (73.7% ). And the oldest record was broken in Austria, where inflation accelerated to its highest level since 1952 at 10.5%. In Belgium, prices rose by 11.3% in early autumn, the highest since 1975.

In Britain, Denmark and Malta inflation returned to the level of forty years ago – 10.1%, 10% and 7.4% respectively. . Residents of Finland, Italy, Norway, Tunisia, Morocco and the Kingdom of Tonga should be aware of the rate of price increases in the second half of the 1980s. In Australia (7.3%), Sweden (10.8%), Portugal (9.3%), Argentina (83%), Czech Republic (18%), Croatia (12.8%) and Senegal (11.9%) %) inflation in September was the highest since the early 1990s. Eleven countries, including Poland, Lithuania, Hungary, Latvia, Bulgaria and Turkey, have returned to the rate of price increases seen in the second half of the 1990s.

The highest rates of price growth since the first half of the 2000s were observed in Mexico, Slovakia, Laos, Ghana, Montenegro, Romania, Samoa, Gambia and Nigeria. At the same time, Singapore (7.5%), Guatemala (9%), Sao Tome and Principe (21.9%) and the Philippines (6.9%) have not experienced such inflation rates since the 2008-2009 global financial crisis. years. Years.

Sixteen countries, including Egypt, Kazakhstan, Japan, Ukraine, Azerbaijan, Serbia and Kenya, recorded their highest inflation since 2010 in September.

Vietnam (3.9%), Democratic Republic of the Congo (9.05%), Uruguay (10%), China (2.8%) and Saudi Arabia (3.1%) returned to their highest levels during the coronavirus epidemic.

Thus, inflation peaked in 27 countries of Europe (19 countries of the European Union), 16 countries of Africa, 11 countries of Asia, 7 countries of the Middle East, as well as in three countries of Oceania, South America and two countries of North America.

Source: News


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