Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowIn 2022 and through 2023, the world saw inflation rates increase amid, among other, post-COVID-19 effects and the Russia-Ukraine war. Argentina and Turkey were both plagued by hyperinflation at over 130 and 50 percent in 2023, respectively. Except for these, the United Kingdom had the highest inflation rate at nearly seven percent. On the other hand, China had the lowest rate of the countries included here at 0.2 percent.
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