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The article is about developing countries like Indonesia. They mention US inflation down below: > In the U.S., prices rose close to 3% in the year ending Jan.
by PragmaticPulp 6y ago
The article is about developing countries like Indonesia.
They mention US inflation down below:
> In the U.S., prices rose close to 3% in the year ending Jan. 2, according to NielsenIQ, roughly double the overall rate of inflation.
Money printing isn’t the only or even the main driver of inflation. Increased demands for goods during lockdown has put upward pressure on shipping costs, which is reflected in food prices.