See how inflation hits economies across the world

In the U.S., Americans are struggling with the highest inflation rate in four decades.

Inflation was up 7 percent in December from a year earlier.

The Euro zone also grappling with high energy prices. Consumer prices in the Euro area rose at a record rate in January, jumping 5.1 percent from a year ago.

China is the only major economy with a lower inflation rate today, than in early 2020. Consumer prices were up just 1.5 percent in December.

Find out more at CGTN’s Global Business Inflation series here.

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