Median global inflation fell from 2.2 percent to 1.9 percent that year. In 2021 and 2022, consumer demand recovered far more rapidly than supply, which was limited by labor shortages, ...

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Global Inflation, 1970 - 2022. Posted: May 8, 2025 | Last updated: May 8, 2025. This animated map shows global average inflation rates and individual country inflation rates from 1970 to 2022.

“It looks like the global battle against inflation has largely been won, even if price pressures persist in some countries,” the IMF said in its latest World Economic Outlook.

According to Bloomberg Economics modeling, previous El Niños resulted in a marked impact on global inflation, adding 3.9 percentage points to non-energy commodity prices and 3.5 points to oil.

The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.

Global fight against historic inflation surge is nearly over, says IMF Fund also upgrades growth forecast for U.S. economy, which remains the developed world’s best performer. October 22, 2024 ...

U.S. economic growth that keeps motoring above its potential is emerging as a key prop for an ongoing global expansion, but spillovers from persistently high inflation and tight monetary policy in ...

The IMF thinks global inflation will slow to 5.8% this year — marginally below its July forecast of 5.9% — and fall to 3.5% by the end of next year, which is slightly below the average during ...