FT: global inflation peaked

Photo: © TASS/Vedomosti/Maxim Stupov

Global inflation has probably already peaked and will soon begin to decline. This is stated in the article Financial Times.

It is noted that the publication made an analysis of key economic indicators and conducted a survey of experts.

The material says that wholesale producer prices in Germany in October fell by 4.2 percent, which was a record decline over the past 74 years. In the summer, these figures in annual terms fell in the US and Britain.

At the same time, it is also said that in almost all G20 countries, wholesale prices began to decline in October. The expert noted that the situation is heading towards a moderate dynamics of consumer prices.

However, the FT’s optimism is not shared by the influential British magazine The Economist. In his fresh material, he says that Europe is still threatened by high energy prices, as well as American protectionism. EU countries are also facing famine due to high prices.

Moreover, in European countries, mortality rates can increase significantly in winter. Due to the harsh winter, a death rate of 10 times the norm is predicted.

Source: Ren.tv

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