As per the survey done by Tellimer Research, the Inflation rate exceeds 20% in around 20% of the countries. It is on the upward trend across the rest of the countries. Unpresidential price increases in many essential items such as fuel while supply shortages generally remain significantly above long-run averages.
While input cost inflation remains elevated, there are indications that the recent easing in the rate of inflation will intensify in the coming months, unlike the prior two blips seen during the pandemic when weaker inflationary pressures soon reaccelerated - S&P Global Market Intelligence