Archive | September, 2016

World CPI Still Sputtering Around 1%

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Our basic world CPI proxy, which takes the average year-over-year change in the CPI of 33 countries, was just 1.14% as of 7/31/2016.  It has now been more than a year and half since our world CPI proxy registered a year-over-year change of 1.4% or more. This series has been unusually range bound (1.06%-1.31%) since the […]