With the United Kingdom, Canada and EUstats release of August data, I have updated my comparison graph. [Note, the USA(EU method) is directly from Eurostat.]
The USA (CPI: +3.7%; +2.5% Eurostate method) and Canada +4.0%, ticked up for the 2nd consecutive month, with regards to year over year inflation.
The EU has marked 10 consecutive months of decline in year over year inflation at 5.9%. That figure was down from 6.1% last month. It was not even across the board, as Germany's 6.5% of last month, dipped to 6.4%, which was improvement, but some countries... such as France increased from 5.1% to 5.7%, according to Eurostat.
The UK has now marked its 3rd consecutive decline at 6.3%, with the month over month at +0.4%, which was up from previous 2 months.
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