Post by the Scribe on Jul 9, 2022 17:28:17 GMT
Fortune
Here’s how bad inflation is in different countries around the world right now
www.yahoo.com/finance/news/bad-inflation-different-countries-around-090000683.html
Getty Images
Will Daniel
Sat, July 9, 2022 at 5:00 AM
American consumers have been plagued by soaring costs for everything from gas to used cars for over a year now.
In May, inflation in the U.S. touched a fresh four-decade high, leading a majority of Americans to see rising consumer prices as the most important issue facing the country today.
But inflation isn’t just a problem in North America.
Nations and economic zones around the world are all battling rising prices after the COVID-19 pandemic threw global supply chains into chaos, and the war in Ukraine pushed food and fuel costs to new heights. And their inflation is often much higher than the 8.6% year-over-year rate that the U.S. is struggling with right now.
Here are the inflation woes of 10 different countries. Some are experiencing humanitarian crises as a result of the soaring cost for basic necessities in their countries, while others have managed to mostly avoid inflation’s grip:
more
Here’s how bad inflation is in different countries around the world right now
www.yahoo.com/finance/news/bad-inflation-different-countries-around-090000683.html
Getty Images
Will Daniel
Sat, July 9, 2022 at 5:00 AM
American consumers have been plagued by soaring costs for everything from gas to used cars for over a year now.
In May, inflation in the U.S. touched a fresh four-decade high, leading a majority of Americans to see rising consumer prices as the most important issue facing the country today.
But inflation isn’t just a problem in North America.
Nations and economic zones around the world are all battling rising prices after the COVID-19 pandemic threw global supply chains into chaos, and the war in Ukraine pushed food and fuel costs to new heights. And their inflation is often much higher than the 8.6% year-over-year rate that the U.S. is struggling with right now.
Here are the inflation woes of 10 different countries. Some are experiencing humanitarian crises as a result of the soaring cost for basic necessities in their countries, while others have managed to mostly avoid inflation’s grip:
more