Divergence in Global Inflation Pressures
ECRI
27-June-2008
There is much concern these days about the rise in global inflation, as headline inflation numbers keep rising around the world. A spike in inflation in one economy, such as the U.K., is taken as a harbinger of higher inflation everywhere, including the U.S. Meanwhile, there is still debate whether the U.S. economy is in recession.
ECRI’s latest analysis, based on objective leading indicators of growth and inflation, reveals divergent paths for global inflationary pressures. Moreover, it draws definitive conclusions on which key international economies are the recession track.
This information is excerpted from a full report issued on June 26 to professional subscribers. For information on how to read the complete story and to subscribe to ECRI's services click this link.

