Annual inflation rate. 🇲🇲 Myanmar: +28.5% 🇱🇦 Laos: +24.9% 🇵🇭 Philippines: +3.7% 🇸🇬 Singapore: +3.4% 🇰🇷 South Korea: +3.1% 🇮🇩 Indonesia: +3.05% 🇯🇵 Japan: +2.8% 🇹🇼 Taiwan: +2.14% 🇭🇰 Hong Kong: +2.1% 🇲🇾 Malaysia: +1.8% 🇨🇳 China: +0.1% 🇹🇭 Thailand: -0.47%
🔴 WHAT IS INFLATION ? 💡 A rise in the general level of prices—is infation. 💡 If the price of one good has gone up, it is not infation; it is infation only if the prices of most goods have gone up. 💡 When the general level of prices is falling over a period of time this is defation, the opposite situation of infation. It is also known as disinfation.
@spectatorindex IMF Growth Forecast: 2024 🇺🇸 US: 2.7% 🇩🇪 Germany: 0.2% 🇫🇷 France: 0.7% 🇮🇹 Italy: 0.7% 🇪🇸 Spain: 1.9% 🇬🇧 UK: 0.5% 🇯🇵 Japan: 0.9% 🇨🇳 China: 4.6% 🇮🇳 India: 6.8% 🇷🇺 Russia: 3.2% 🇧🇷 Brazil: 2.2% 🇲🇽 Mexico: 2.4% 🇸🇦 KSA: 2.6% 🇳🇬 Nigeria: 3.3% 🇿🇦 S. Africa: 0.9%
@spectatorindex China is in a much better position than US
@spectatorindex Why Pakistan is not included 🙄