Global inflation

1
Global inflation

• Hans Timmer
• GDLN June 4, 2008

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Inflation in high-income countries percentage
change, 5-yr moving average, GDP weighted
Source World Bank
3
Inflation in developing countries percentage
change, 5-yr moving average, median
Source World Bank
4
Percentage of developing countries with
double-digit inflationpercentage in all
developing countries
Source World Bank
5
Inflation in developing countries percentage
change, 5-yr moving average, median
LMIC median inflation
LMIC real GDP growth (right)
Source World Bank
6
Inflation in developing countries percentage
change, 5-yr moving average, median
LMIC median inflation
LMIC real GDP growth (right)
Source World Bank
7
Inflation in Asian developing countries
percentage change, 5-yr moving average, median
Source World Bank
8
Percentage of Asian developing countries with
double-digit inflationpercentage in all Asian
developing countries
Source World Bank
9
Real GDP growth, 1980 to 2010percentage change
Developing countries
High-income countries
Source World Bank
10
Global IP and metals pricespercentage change,
year over year
Global IP
Metal Price (right)
Source World Bank
11
Global IP and GDPannual global growth in
deviation of period average ()
Global IP
Global GDP (right)
Source World Bank
12
Metals and oil use Percent of global GDP
Metals
Source World bank
13
Metals and oil use Percent of global GDP
Metals (left)
Oil (right)
Source World bank
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Commodity price inflation and domestic inflation
Percentage change, median of all developing
countries
Commodity price inflation (left axis)
Source World Bank
15
Commodity price inflation and domestic inflation
Percentage change, median of all developing
countries
Commodity price inflation (left axis)
Domestic inflation (GDP deflator, right axis)
Source World Bank
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World crude oil price U.S. per barrel
Jun 05- Jan. 07
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World Oil Production Growth million barrels per
day
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Internationally traded food prices Indices,
2000100
Nominal US dollars
Real, i.e. relative to developing countries CPI
Source World Bank
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Prices of imported and domestic food percentage
change in local currencies since January 2006
Regional price of imported food
Domestic food price
Source World Bank
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Grain Prices index 2005100
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East Asia grain demand (w/China) rolling 5 yr
growth rate
Feed
Total consumption
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India grain feed demand rolling 5 yr growth
rate
Feed
Total consumption
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Rising inflation
CPI, Median developing countries, percent change
year-over-year
Source World Bank, GEM database
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Global inflation

• Hans Timmer
• GDLN June 4, 2008