AF-TAB - Taming Inflation - Volume-2 | Issue-1 | July, 2022

20.500.12592/trg039

AF-TAB - Taming Inflation - Volume-2 | Issue-1 | July, 2022

21 Jul 2022

In the United States and the European close to 90 percent of emerging market and Union, the food inflation has been continuously on 15.18 percent, CPI based retail in ation and food in ation in India was 7.01 percent and 7.75 percent, developing economies (EMDEs) experienced food the rise since June 2021 and is at 10.4 percent and respectively in June 2022. [...] In the United States and the European close to 90 percent of emerging market and Union, the food inflation has been continuously on 15.18 percent, CPI based retail in ation and food in ation in India was 7.01 percent and 7.75 percent, developing economies (EMDEs) experienced food the rise since June 2021 and is at 10.4 percent and respectively in June 2022. [...] Figure 2: Monetary response through Figure 3: Broad fiscal responses in 2020 as around the world are dealing with the balancing bank rates percent of 2019 GDP task of maintaining growth after the pandemic In the wake of the pandemic and the recession that recession and controlling inflation. [...] Additionally, the economic sanctions Consequently, the US Fed has hiked its interest rate covid recession, respective governments and the imposed on Russia by the West have further added by 150 basis points since March 2022 attempting to most of its income on consumer goods, and the to the higher food prices, as the country is one of the control the surging inflation. [...] Additionally, the economic sanctions Consequently, the US Fed has hiked its interest rate covid recession, respective governments and the imposed on Russia by the West have further added by 150 basis points since March 2022 attempting to most of its income on consumer goods, and the to the higher food prices, as the country is one of the control the surging inflation.

Authors

hp

Pages
28
Published in
India