Inflation rates are predicted by economists to be quite high this year and the following year.
According to a poll conducted by the German Evo Institute for Economic Research and the Swiss Economic Policy Institute last September and included 1687 economic experts from 129 countries, experts expect this year that the average inflation will reach 9. 5% in the world, which is “6.
The Evo Institute stated on Monday in Munich that the average inflation rate over the past ten years was 7 Celsius higher.
The survey showed very large regional differences: in western Europe experts expect an inflation by 7. 3% this year, compared to 19% in eastern Europe, 5. 6% in Southeast Asia, 30% in West Asia, 7. 2% in North America and 30% In South America, nearly 60% in East Africa.
Experts suggest that prices continue to rise all over the world, and the Evo Institute stated: “It is expected that the inflation will witness a slight decline next year compared to this year with the average inflation rate of 7. 5% in 2023. In 2026, experts predict that the average inflation rate will be 5% worldwide.
Economists anticipate global inflation rates to rise.
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