Inflation is spiking around the world – not just in the United States
- Written by Christopher Decker, Professor of Economics, University of Nebraska Omaha
Rates are spiking in most comparable countries.Jesus Hellin/Europa Press via Getty ImagesThe 9.1% increase in U.S. consumer prices in the 12 months ending in June 2022, the highest in four decades, has prompted manysoberingheadlines.
Meanwhile, annual inflation in Germany and the U.K. – countries with comparable economies – ran nearly...
