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VisualMod t1_j673ey0 wrote

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1

VisualMod t1_j673fd0 wrote

It is clear that inflation rates vary significantly from country to country. In some countries, like China and Taiwan, inflation is relatively low, while in others it is quite high. This data suggests that people's purchasing power varies widely across the globe.

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7

MrValaki t1_j6741t3 wrote

Im missing Hungary. We have 24%

36

Maleficent_Sound_919 t1_j6747nb wrote

This is the new normal lets just get on with our lives please!

Fucking clown shit!!!

−3

Dothemath2 t1_j674uw6 wrote

Wouldn’t all the countries all raising rates together tank the world economy like a global recession?

35

notoneforusernames t1_j67630v wrote

One thing’s for sure- we can all trust the data coming from the Chinese government

54

Milwaukee4Life t1_j676oih wrote

Venezuela is obvious but I did t expect to see Argentina so high. Anyone know why?

1

Worldstarbatman t1_j677msd wrote

That’s a lie because look at your buying power. Don’t let them con you when you see how much stuff is and that you can’t afford food. A pack of charmin tp is 23 bucks when 3 years ago it was 9.59

2

Financial_Ocelot_256 t1_j67cunh wrote

Obviously nothing changes in Finland, it's the fucking Dante's last hell circle there! Everything is frozen! The citizens of that place are Elks and reindeers xD

Fucking Argentina, never gets a moment to rest!

24

kad202 t1_j67dtks wrote

Did China really successfully cancel inflation?

1

chetoman1 t1_j67i8jf wrote

Replying to TacoSeasun (#1,546,792)

This is the real answer. Chinese people were literally fuckin locked in their homes unable to even buy food, and the Chinese government barely printed a single dollar. Hell they even encouraged the US to keep going on their destructive path by saying the rate increases were dangerous.

Why the fuck would they have high inflation? I do suspect their rate will rise to about 2-2.5% as they just recently abandoned zero covid only a month and a half ago.

Source: net worth in NIO. Read a lotta Chinese news From both America and overseas.

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aclinical t1_j67ibw9 wrote

Maybe don't make the entire yoy column green to distract from the column that actually matters.

1

_tagachi t1_j67jt5o wrote

China 1.8% just like the ZERO COVID policy.

9

CreativeMinds47 t1_j67tvps wrote

Wouldn't agree to Switzerland data! Fuel up 30% near barrel at same levels as where it was 30% lower. Pack of Mozzarella from 1.60 and 200g to 2.69 and 170g, same with most other food. Electricity bill up 40%, literally everything went up for at least 20%!

8

flat_line_ t1_j68a3hu wrote

Go UK! Gradually moving up that list 💪🏻

5

Intrepid00 t1_j68flnm wrote

I’d love to see Ghana added to this list. It was the 3rd worst performing currency.

3

Ok_Inspection_2799 t1_j68fwkm wrote

Let's be real. Inflation is what they tell us it is. No matter how high prices keep going up.

1

ekgpmd t1_j68gh6u wrote

Hmmmm, yes, those are indeed numbers alright.

1

Tnuvu t1_j68knvq wrote

I dare any financial expert to dare say the inflation is greater in china without accidently stepping of the balcony at the 10th++ floor

1

live-and-let-live7 t1_j68lxsr wrote

What that is pathetic 😒 someone needs to rework the definition of cpi again to bring that down to 2%.

1

TacoSeasun t1_j68n2cs wrote

Replying to burrysputs (#1,549,564)

The Chinese Yuan may likely be the strongest currency in the next 1 to 2 years. I also read there is a lot of pent up savings and demand that the citizens hold, but ibalso think the government will control that if they have to.

5

drmrcurious t1_j68o4my wrote

Does china do anything to keep it artificially lower or is that just cuz they been locked in their own homes?

1

unclaimed404 t1_j68uq22 wrote

you guys forgot Lebanon

​

Nov 142.37%

Dec 135.0%

Jan 121.99%

​

Highest was in jan 2022 239.69 %

1

Entropico_ARG t1_j68wrwt wrote

Replying to Stachemaster86 (#1,547,828)

Corruption and a wall like china to buy or sell any from any place outside

Is like put your money in binance

You buy/sell the gvmtprint some fancy name coin and keep the dollars

And when you need dollars to trade outside they tax you 150%

1

Tw_dahu t1_j6918cb wrote

It is impossible for Taiwan's CPI to be only 2.7%, it should be 8%!

0

bd_one t1_j693oa2 wrote

And yet some people think that a currency union between Argentina and Brazil will work out when one has normal-ish inflation for a developing country and the other... is Argentina.

3

jujulipsjason t1_j695zy4 wrote

This is wrong. New Zealand came out with new figures this week. They were unchanged. Not lower.

2

happyrolls t1_j69akla wrote

I will go broke more slowly next year at this rate. Yay!

1

Careless-Apricot-748 t1_j69ep8i wrote

Great but compare US inflation to the pay decrease percentage of jobs. The only jobs going up right now are jobs that out people in the higher class. Your typical job that you see people working are continuing to lower causing the separation between the classes to widen. Rich will stay rich. Poor will become poorer.

1

Yf_lo t1_j69hxo8 wrote

Oh China is going to be delightful

1

UnsafestSpace t1_j69o3no wrote

Replying to NoobInvester018 (#1,547,678)

Not just that, but you have economies like India with a huge % of the world population that are booming just like China in 2008, actually China was coming to the end of it's bull run back then but India (and countries like Nepal and Bangladesh in its sphere of influence) are just getting started.

6

UnsafestSpace t1_j69of35 wrote

Replying to chetoman1 (#1,547,461)

> and the Chinese government barely printed a single dollar

The Chinese RMB is pegged to the USD, so whilst they weren't printing money (to prevent their property market overinflating even more than it already did), it did fuck the country in other ways.

You can't have a pegged currency and not keep in step with the currency you're pegged to via both interest rates and liquidity, without causing a major economic crisis.

4

gen_adams t1_j69scfs wrote

Replying to MrValaki (#1,545,470)

officially. tej 900, margarin 1000. kurva anyjat ennek a tolvaj ciganynak meg az arsapkainak, nemzeti rablo kozmuszolgaltatoinak amikkel a kiuritett kasszat probaljak feltolteni a mi zsebeinkbol. amikor meg jon a 9000 milliard az eutol kisirva, abbol faszt se kapunk (covid alap ami minden eu orszagban ment az alkalmazottaknak, csak itt nem hivtak le nekunk) 🥲

2

chetoman1 t1_j69ug3t wrote

Replying to UnsafestSpace (#1,559,898)

Yeah it may be a double edged sword but the sharp end that’s aimed at China is rather dull. The number of countries that increased their yuan holdings while limiting or even reducing their USD is baffling. All while China has lower inflation (regardless of the peg) and reopening prospects. They urged the US to keep their rates low as fuck because arguably we’re cutting off our own limbs here in the states while China suffered a mere paper cut.

1

SammRod47 t1_j6a01yz wrote

Get ready to see why Brazil will rise even more this year

1

Wanna_Runn t1_j6a1jjp wrote

Bring back Volcker to fight inflation he will scare the shit out of a grizzly Powell couldn't scare a fainting goat

1

dert19 t1_j6a47xd wrote

So lockdowns keep inflation down

1

Mcluckin123 t1_j6a9t42 wrote

Can we remove the countries that have always had insane inflation which never factoried into anyone’s economic analysis ?

1

BlueRidgeGamer t1_j6aeu6g wrote

It saddens me to see how much Poland has hurt from inflation. They deserve better. And absolutely deserve to be better on this list than Russia.

1

ahmrph t1_j6akl1e wrote

Egypt 🇪🇬 should be up there! 24.4% in December and that is from a Government source… so, you know the rate is way higher!

1

GLIXKYWITME t1_j6aqkwq wrote

Funny living in the UK now everyone atleast on Reddit acts like it’s so much better than the US but going to an elite uni for grad school with over half grad students almost none of us plan on staying in London/UK because of the direction we feel the country is going plus the low wages.

1

Chemical_Ad921 t1_j6auybl wrote

Isn‘t it weird that countries in the euro zone have different inflations?

1

heyho7785 t1_j6b0g82 wrote

Italy lower? Bullshit. In italy everything has skyrocketed

1

Sport926 t1_j6b8z6m wrote

But it's all Biden's fault. 🙄

1

MoltenMirrors t1_j6bbpj0 wrote

Turkey is still cutting interest rates and claiming that will keep inflation low by "stimulating the economy". Meanwhile they're quietly dumping foreign reserves to try and keep it from hitting triple digits and trading handjobs to China and Russia for currency swaps. This is what happens when a central bank is run by the president's family.

I give it maybe 5 years before Turkey is basically Venezuela. Sooner if AK somehow loses an election and all their bullshit comes crashing down.

2

Tetrylene t1_j6bbps4 wrote

Ignoring that cpi data is fudged to make the gov look as good as possible, all this means is the rate of inflation is accelerating slower than it was last year, not that it’s stopping, or reversing the effects it’s had.

1

Slicklickfstick t1_j6bcs35 wrote

Chinese inflation is whatever they say it is and yet it still somehow is higher? LOL

1

throwayzfordayz6 t1_j6bk6is wrote

Why is China inflation so low? Also learned their government has subsidized home construction and rehabs. Watched a YouTube and they all live in these massive 10k sq Ft 3-4 story homes. When asked why poor rural areas could afford massive homes they said govt pays for it all.

2

throwayzfordayz6 t1_j6cvuy8 wrote

Replying to Infamous_Sympathy_91 (#1,573,934)

This was mostly retirees. Grandma and grandpa only with massive 4 story gated homes. They have green vans that give everyone rides around town. Just saying it didn’t look that bad compared to the poor infrastructure we have here. I’m certain Congress is to blame raping tax payers in every omnibus bill while media keeps us all confused sleight of hand.

1

Soitsgonnabeforever t1_j6dahim wrote

Why things going expensive in Australia. Isn’t it already expensive and overpriced. This is Melbourne traveller was in Singapore for the first time. He shared his happiness in getting so many decent food/beverage and svcs at a cut price in Singapore. I was awed when he mentioned that a regular bar martini may cost 20-25 aud.

1

jzbot4000 t1_j6g05ju wrote

How is Switzerland doing so well? Nazi gold?

1

concupiscence69 t1_j6gzrpa wrote

China is the only one at 1.0% - 1.9% That's actually impressive.

1