Inflation surprises in the developed world broke down to all-time lows in December. In the emerging markets, inflation surprises are still negative but have been improving since making an all-time low in June 2013.
Tuesday, January 7, 2014
World Inflation Remains Contained
World CPI (based on the average year-over-year change in 33 countries) ticked up slightly in November from 1.76% to 1.9%. Meanwhile, World PPI (based on the average year-over-year change in 22 countries) ticked up slightly as well but still remains negative in November.
Inflation surprises in the developed world broke down to all-time lows in December. In the emerging markets, inflation surprises are still negative but have been improving since making an all-time low in June 2013.
Inflation surprises in the developed world broke down to all-time lows in December. In the emerging markets, inflation surprises are still negative but have been improving since making an all-time low in June 2013.