Factbox-Is global inflation nearing a peak?

Published by
Reuters UK

By Francesco Canepa (Reuters) – Calling the top of the current wave of inflation has been a painful exercise for economists and central bankers, who have been proven wrong time and again over the past year. But data on Wednesday, which showed that some measures of inflation had cooled in the World’s two largest economies, was likely to rekindle a debate about whether the worst might be over after a year of torrid price growth. U.S. consumer prices did not rise in July from the month before due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for Americans wh…

Read More

See also  Rising geopolitical tension and demand send oil price outlook soaring - Reuters poll

Leave a Reply