OECD countries, with maximum inflation for 20 years

Inflation between the 38 countries of the Organization for Economic Cooperation and Development (OECD) recorded an annual variation of 6.6% in 2021, the highest register observed in 20 years.

The increase was boosted by energy prices, which recorded an annual fluctuation of 25.6% on Wednesday, which was even higher since 1981.

Thus, the prices of the foods arrojaron an annual premium rate of 6.8% among the integrants of the organization.

The price of alza in inflation during 2021 is presented in all member countries, but with variants

In three OECD integrates, double digit fluctuations were observed in general inflation, given Turkey’s lead, with a variance of 36.1% annually.

About Estonia is looking at a 12.1% increase in its price list as well as Lithuania, which has a generalized increase of 10.6 per cent.

Looking for them, Poland, with a general register of 8.6% prices; Latvia, which saw a fluctuation of 7.9% in its general index and Mexico together with Hungary, shared the sixth place in the OECD’s high inflation, coinciding with a variation of 7.4 per cent.

The Secretary General of the Organization, Mathias Cormann, said this week that the economists of the early period anticipated the process of deceleration of world inflation from 12 to 18 months.

This patch is estimated to function at the time it takes control of the pandemic and life in the normal flow of the summit, detailed in videoconference.

It also incorporates the time when the central banks can move their monetary policies from an expansionary phase to a normalization.

To disagree with the information, note that the food inflation of Mexico is one of the three highest levels of the members, to increase by 10.8% annually, lowering the Turkish lead by 27.3% in the same category in Colombia, which recorded a variation of 15.3 per year.

Among the G7 economies, general inflation fell to 5.6% in 2021, and the variation in food prices in general rose to 5.3% year-on-year, lowering energy to 25.7 per cent.

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Reference-www.eleconomista.com.mx

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