With the United Kingdom, Canada and EUstats release of December data, I have updated my comparison graph. [Note, the USA(EU method) is directly from Eurostat.]
A slight upward tick on the annual figures... across the board. I would expect some easing, once the January data comes forward.
For the silly ninnies that forget history, attempt to revise history, or are so gullible to be misled by their dear leaders...
Long before inflation was everywhere, the phrase was transitory. Yes Virginia, the USA led that "transitory" inflation, until the rest of the world started catching up.
The chart is quite "busy", but the timeline is quite accurate.
'nuff said!
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