Wednesday, October 19, 2016

Some International Inflation Rates

I went to a site from the OECD. Click here to go to that site. I compiled the annual inflation rate for a number of countries each year from 1996-2015. Click here to see that data.

The USA and other large industrial countries that tend to make up the OECD have generally had low inflation rates in recent years. Only once since 2002 has the OECD average been above 3.0%. That was in 2008 (3.7%).

The USA has had only 4 years since 2002 above 3.0% with the high being 3.8%, also in 2008.

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