Home > Uncategorized > Consumer price inflation: USA, EU and UK

Consumer price inflation: USA, EU and UK

US inflation resumes rapid rise by accelerating in May | Financial Times

European Union Inflation Rate

European Union Inflation Rate - June 2022 Data - 2000-2021 Historical -  July Forecast

UK inflation rises at fastest rate for 40 years as food costs jump - BBC  News

  1. Patrick Newman
    July 31, 2022 at 9:46 am

    It’s cost push, not demand led inflation. What’s putting up bank rate got to do with tackling inflation when itself increases inflation – especially for those with mortgages. Are we not looking at a very crude and not very effective means of reducing inflation? Governments prefer to keep pay increases below inflation as the means of reducing it – a general pay cut! That is a quick way to induce a recession!

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