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April 26, 2023

Global inflation measures continued to decelerate in 1Q23.

Consumer prices have mostly decelerated from their peak growth rates globally. The y/y percent change in the global quarterly aggregate has slowed compared to the prior quarter. On a rate of change basis, prices have slowed sequentially since 3Q22, and 1Q23 was the fastest deceleration since 2Q09.   Source: Macrobond.  Most countries peaked between the...
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