The sharp rise in regional inflation over the past year is starting to cause concern in some quarters. But a closer look reveals that the increase has been due to a jump in inflation in just two countries – Argentina and Venezuela. Elsewhere, weakening currencies over the past six months will put upward pressure on inflation, but should be at least partly mitigated by the fact that global commodity prices are, for the most part, either flat or falling.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services