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In Brazil, inflation hit its highest rate since 2003 — prices rose 10.74% in November 2021 compared to November 2020. Economists predicted that inflation has peaked and that the economy may be headed for recession, in part due to aggressive interest rate increases by the central bank.
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OTTAWA (Reuters) -Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a ...
This template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be used, which calculate inflation based on the gross domestic product (GDP) for the United ...
Notable call-outs from the inflation print include the shelter index, which rose 5.2% on an unadjusted, annual basis, a slowdown from May. The index rose 0.2% month over month.
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The Federal Reserve's preferred inflation metric grew at its slowest monthly pace since late 2020 and has investors increasingly betting there won't be another interest rate hike this year.
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