2014globalpriceinflationrateshome

Official Global Price Inflation Rates for 2014 vs. Historical Medians

Based on official government reported CPI data, the US had 2014 price inflation of 1.7% vs. its historical median price inflation rate (years 1960 through 2014) of 3.03%.

Venezuela had the highest 2014 price inflation rate of 60.14%, which was more than double its historical median price inflation rate of 27.08%.

Argentina had the second most 2014 price inflation at 21.36%, which was more than double its historical median price inflation rate of 9.71%.

Turkey had the third most 2014 price inflation at 8.85%, although Turkey’s 2014 price inflation was less than half of its historical median price inflation rate of 21.47%.

Russia had the fourth most 2014 price inflation at 7.48%, although Russia’s 2014 price inflation was well below its historical median price inflation rate of 13.89%.

Besides Venezuela and Argentina, Japan was the only other country to have a 2014 price inflation rate that was above its historical median. Japan had 2014 price inflation of 2.77% vs. its historical median price inflation rate of 2.04%.

Greece had the most 2014 price deflation at -1.31% vs. its historical median price inflation rate of 4.16%.

Hungary was the country with the highest historical median price inflation rate, to experience deflation in 2014. Hungary had 2014 price deflation of -0.23% vs. its historical median price inflation rate of 7.64%.

The 2014 global median price inflation rate was 1.04% or just 1/4 of the 1960-2014 global median price inflation rate of 4.16%.

2014officialglobalpriceinflationrates

globalhistoricalmedianannualpriceinflationrates

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