Tuesday, June 25, 2024

Comparison of Inflation in selected countries- June, 2024 Edition

With the United Kingdom, Canada, and EUstats release of May data, I have updated my comparison graph. [Note, the USA(EU method) is directly from Eurostat]


Looking at the same period of time, for USA, EU(27), UK, USA(using EU methodology), results in the following...


Despite the similarities, the timeframe has a considerable difference.


We must remember that inflation in the USA was transitory, until the rest caught up. 




 

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