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Inflation is spiking around the world – not just in the United States

  • Written by Christopher Decker, Professor of Economics, University of Nebraska Omaha
Inflation is spiking around the world – not just in the United StatesRates are spiking in most comparable countries.Jesus Hellin/Europa Press via Getty Images

The 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...

Read more: Inflation is spiking around the world – not just in the United States

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