Low Inflation - It's A Global Phenomenon

by: Cullen Roche

Despite persistent worries about "money printing" and the Fed's actions, inflation has remained benign in the U.S. But you might be surprised to notice that this isn't merely a U.S. phenomenon. It's actually a global trend.

The chart below shows an overview of global inflation rates. I've taken five major regions/countries to show the recent downward trend in inflation rates. Japan is leading the way into a full-blown deflation at -0.9%, while the U.K. tops the chart at 2.8%. The U.S. rounds out the middle of the pack at 1.5% and is expected to show further signs of disinflation in the coming months. The low inflation is a global phenomenon.

Click to enlarge