G20 Inflation Rose in October 2022, While Indonesia's Slowed

Economics & Macro

Lite

Viva Budy Kusnandar 04/11/2022 11:30 WIB

URL has been copied

Memuat...

G20 Inflation Rose in October 2022, While Indonesia's Slowed

Inflation Comparison of Eight G20 Member Countries, September – October 2022

A Font Kecil
A Font Sedang
A Font Besar

Access single data

G20 Inflation Rose in October 2022, While Indonesia's Slowed

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Inflation Comparison of Eight G20 Member Countries, September – October 2022

Download

Source

A Small Font
A Medium Font
A Bigger Font

Inflation is currently a major concern in many countries amid the threat of a global recession. Several countries are even experiencing political crises and unrest due to uncontrolled price increases.

According to Trading Economics data, several G20 member countries reported renewed inflationary pressure in October 2022.

Turkey's annual inflation rose again to 85.51% (yoy) in October 2022. This is higher than the previous month's inflation of 83.45% (yoy).

The transportation and food groups recorded the highest inflation, at 117.15% (yoy) and 99.05% (yoy) respectively.

Another G20 country reporting inflation in October was Italy, recording annual inflation of 11.9% (yoy), also higher than the previous month, as shown in the graph.

The European Union reported annual inflation of 10.7% (yoy) in October 2022, higher than the previous month's 9.9% (yoy). Germany followed with an inflation rate of 10.4% (yoy) last month, also higher than the previous month.

Meanwhile, Indonesia's annual inflation in October 2022 slowed to 5.71% (yoy), lower than the previous month's 5.95% (yoy). The decrease in fuel prices (BBM) contributed to a deflation of 0.11% (month-to-month/m-to-m).

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."