Credit for the chart idea itself goes to the St. Louis Fed. I downloaded the data and created my own charts to better hone in on the data.
Year-Over-Year Inflation Seven Countries Detail
The EU lags badly when it comes to reporting most data releases. Data for the above charts is only through September.
Key Points
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- Inflation in the US was the first to peak.
- US inflation peaked in June at 9.06 percent and is currently (through September) at 8.20 percent.
- Inflation in France peaked at the lowest rate, 6.08 percent.
- France also has the lowest current rate of 5.55 percent.
- Inflation in Germany is 9.99 percent and still rising
- Inflation in Italy is 8.87 percent and still rising
- Inflation in Spain was the highest peak so far at 10.77 percent
- Inflation in the UK is 8.80 percent matching the July high.
- Inflation in Canada peaked at 8.13 percent and is now 6.86 percent,
This post originated at MishTalk.Com.
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Read More: Inflation Around the World: How Does the US Compare to Canada and the EU?