Central Banks Stumped As Global Inflation Hits Lowest Level Since 2009 – Here’s Why

Authored by Mike Shedlock via MishTalk.com, Yesterday, I commented on “transitory” factors holding down inflation. Today, the Wall Street Journal reports Global Inflation Hits Lowest Level Since 2009 . The Organization for Economic Cooperation and Development said Thursday that consumer prices across the G-20—the countries that account for most of the world’s economic activity—were 2% higher than a year earlier.

Source: Central Banks Stumped As Global Inflation Hits Lowest Level Since 2009 – Here’s Why

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