The document reports inflation rates from January to August 2019 for several countries including the US, UK, India, China, Venezuela, Zimbabwe, and Bangladesh. It also discusses some factors influencing inflation rates like monetary policies, trade wars, food prices, and currency issues. Inflation rates in the US ranged from 0.0% to 0.6% while rates in Venezuela and Zimbabwe reached hyperinflation levels over 10 million% and 230% respectively due to their economic troubles.
The document reports inflation rates from January to August 2019 for several countries including the US, UK, India, China, Venezuela, Zimbabwe, and Bangladesh. It also discusses some factors influencing inflation rates like monetary policies, trade wars, food prices, and currency issues. Inflation rates in the US ranged from 0.0% to 0.6% while rates in Venezuela and Zimbabwe reached hyperinflation levels over 10 million% and 230% respectively due to their economic troubles.
The document reports inflation rates from January to August 2019 for several countries including the US, UK, India, China, Venezuela, Zimbabwe, and Bangladesh. It also discusses some factors influencing inflation rates like monetary policies, trade wars, food prices, and currency issues. Inflation rates in the US ranged from 0.0% to 0.6% while rates in Venezuela and Zimbabwe reached hyperinflation levels over 10 million% and 230% respectively due to their economic troubles.
1. The rate of inflation in US was 0.20% in January 2019.
Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 2. The rate of inflation in US was 0.20% in February 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 3. The rate of inflation in US was 0.40% in March 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 4. The rate of inflation in US was 0.60% in April 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-pre: sent/ 5. The rate of inflation in US was 0.50% in May 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 6. The rate of inflation in US was 0.0% in June 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 7. The rate of inflation in US was 0.20% in July 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 8. Increase in inflation in US (July) was due to core price strengthening Source: WSJ, 13/08/19, https://www.wsj.com/articles/u-s-inflation-picks-up-in-july-as-core- prices-strengthen-11565699709 9. The US-China trade war may trigger a global recession if the two titans continue this monetary policy. Source: The Guardian, 23/08/19, https://www.theguardian.com/business/2019/aug/23/global- recession-immune-monetary-solution-negative-supply-shock 10. US federal reserve showed broad money supply rose to $14.9554 trillion from last week. Source: Xinhuanet, 23/08/19, http://www.xinhuanet.com/english/2019-08/23/c_138331752.htm 11. Federal Reserve of the US announces interest rate cut, angering the POTUS. Source: Forbes, 31/07/19, https://www.forbes.com/sites/lisettevoytko/2019/07/31/fed-announces- interest-rate-cut-first-since-2008/#3871a135237d 12. UK may need to cut down interest rates as Brexit nears. Source: Cityam, 21/08/19, https://www.cityam.com/the-only-way-is-down-for-uk-interest-rates- say-city-economists/ 13. UK cannot be expected to cut it’s interest rates even as countries across the globe do. Source: Sunday Times, 14/08/19, https://www.thetimes.co.uk/article/countries-are-cutting- interest-rates-but-don-t-expect-the-uk-to-follow-7mbk9mktw 14. The European Central Bank and the Swiss National Bank are widely expected to cut their negative interest rates even further later in the year. Source: Sunday Times, 14/08/19, https://www.thetimes.co.uk/article/countries-are-cutting- interest-rates-but-don-t-expect-the-uk-to-follow-7mbk9mktw 15. A Danish bank has launched the world’s first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year Source: The Guradian, 13/08/19, https://www.theguardian.com/money/2019/aug/13/danish-bank- launches-worlds-first-negative-interest-rate-mortgage 16. Zimbabwe inflation rises to 230.41%. Source: IOL, 22/08/19, https://www.iol.co.za/news/africa/inflation-in-zimbabwe-rockets-to- 23041-percent-for-july-31096642 17. Zimbabwe’s month-on-month inflation rate had fallen to 21.04 percent in July compared to 32.96 percent the previous month as prices of basic goods increased at a slower pace. Source: IOL, 22/08/19, https://www.iol.co.za/news/africa/inflation-in-zimbabwe-rockets-to- 23041-percent-for-july-31096642 18. Zimbabwe’s inflation hit 175.66 percent in June, the highest rate since runaway money-printing and associated hyperinflation forced the country to abandon its currency in 2009. Source: IOL, 22/08/19, https://www.iol.co.za/news/africa/inflation-in-zimbabwe-rockets-to- 23041-percent-for-july-31096642 19. Hyperinflation in Venezuela skyrockets to 10 million % Source: CNBC, 03/08/19, https://www.cnbc.com/2019/08/02/venezuela-inflation-at-10-million- percent-its-time-for-shock-therapy.html 20. Even liquidity restrictions cannot prevent Venezuela’s inflation to reach mountainous heights. Source: Reuters, 08/08/19, https://www.reuters.com/article/us-venezuela-economy/venezuela- inflation-rate-ticks-up-despite-liquidity-restrictions-idUSKCN1UY25Y 21. Venezuela’s annual inflation in July was 264,872%, down from 445,482% in June and well below levels OF over 1 million percent earlier this year. Source: Reuters, 08/08/19, https://www.reuters.com/article/us-venezuela-economy/venezuela- inflation-rate-ticks-up-despite-liquidity-restrictions-idUSKCN1UY25Y 22. The rate of inflation in India was 2.92% in May 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 23. The rate of inflation in India was 3.05% in June 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 24. The rate of inflation in India was 3.18% in July 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 25. The rate of inflation in India was 3.15% in August 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 26. India’s inflation in July 18 was an 8 month high over food prices. Sources: Business Standards, 07/08/19, https://www.business-standard.com/article/economy- policy/india-s-inflation-rose-to-nine-month-high-in-july-over-food-prices-report- 119080700225_1.html 27. Monsoon rains in India may help decrease inflation as food production will increase. Sources: Business Standards, 07/08/19, https://www.business-standard.com/article/economy- policy/india-s-inflation-rose-to-nine-month-high-in-july-over-food-prices-report- 119080700225_1.html
28. India may cut rates two more times.
Sources: Business Standards, 07/08/19, https://www.business-standard.com/article/economy- policy/india-s-inflation-rose-to-nine-month-high-in-july-over-food-prices-report- 119080700225_1.html 29. The rate of inflation in China was 1.7% in January 2019. Source: Trading Economics, 30/07/19 30. The rate of inflation in China was 1.5% in February 2019. Source: Trading Economics, 30/07/19 31. The rate of inflation in China was 2.3% in March 2019. Source: Trading Economics, 30/07/19 32. The rate of inflation in China was 2.5% in April 2019. Source: Trading Economics, 30/07/19, 33. The rate of inflation in China was 2.5% in May 2019. Source: Trading Economics, 30/07/19 34. The rate of inflation in China was 2.5% in June 2019. Source: Trading Economics, 30/07/19 35. The rate of inflation in China was 2.7% in July 2019. Source: Trading Economics, 30/07/19 36. The rate of inflation in China was 2.8% in August 2019. Source: Trading Economics, 30/07/19 37. The rate of inflation in UK was 1.8% in January 2019. Source: Trading Economics, 30/07/19 https://www.rateinflation.com/inflation-rate/uk-inflation- rate 38. The rate of inflation in UK was 1.8% in February 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 39. The rate of inflation in UK was 1.9% in March 2019. Source: Trading Economics, 30/07/19 https://www.rateinflation.com/inflation-rate/uk-inflation- rate 40. The rate of inflation in UK was 1.9% in April 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 41. The rate of inflation in UK was 3.15% in May 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 42. The rate of inflation in UK was 3.15% in June 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 43. The rate of inflation in UK was 3.15% in July 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate
44. The rate of inflation in UK was 3.15% in August 2019.
Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 45. UK inflation has risen more than forecasted. Sources: FXstreet, 14/08/19, https://www.fxstreet.com/analysis/uk-inflation-rises-more-than- forecast-201908140839 46. The Bangladesh rate of inflation in June was 5.58% Sources: Trading Economics, 30/07/19, https://tradingeconomics.com/bangladesh/inflation-cpi 47. The Bangladesh rate of inflation in July was 5.63% Sources: Trading Economics, 30/07/19, https://tradingeconomics.com/bangladesh/inflation-cpi 48. The Bangladesh rate of inflation in August was 5.52% Sources: Trading Economics, 30/07/19, https://tradingeconomics.com/bangladesh/inflation-cpi 49.