Which country will be last to escape inflation?
A new dividing line in the global fight
In January prices across the rich world rose by 5.7% year on year, down from a peak in late 2022 of 10.7%. This conceals wide variation, however. Some countries have slain the inflation beast. Others are still in the fight of their lives.
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This article appeared in the Finance & economics section of the print edition under the headline “Curse of the Anglosphere”
From the March 30th 2024 edition
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