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6 June – As it attempts to curb inflation, the Reserve Bank of Australia again lifts the official cash rate by 0.25%. [132] Now at 4.1% – it's the highest it's been for eleven years. [132] 7 June – Fraser Island is officially renamed K'gari. [133] 8 June –
[198] [199] Argentina's December 2023 annual inflation was the highest in the world at 211.4%. [200] Chile had low inflation for several years thanks to the monetary policy of its autonomous central bank. However, in 2022 there was a record intranual inflation of 14.1%, the highest in the last 30 years.
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
Australian households are under broad financial pressure from high inflation, which spiked as high as 7.8% in December 2022, before slowing to 5.4% in the third quarter of 2023. That has dented ...
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In the first quarter of 2023, the annual inflation rate slowed to 7.0%, from 7.8%. [2] The International Monetary Fund had recently warned Jim Chalmers about the coming slow-down in the global economy. [3] Concerns remained with the last two interest rate rises causing hardship for some households and the broader economy. [4]
That lowered the annual increase to 3.2% from 3.3% the previous three months. Is inflation expected to go down? After falling steadily earlier in 2024, yearly inflation has moved sideways the past ...
Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April 2020 [5] 4.14 -1.14 Angola: 18.00 1.00 ...