Inflation Comparison
Inflation Rates
United Kingdom: 2.8% (est. 2012)
Germany: 2.1% (est. 2012)
Brazil: 5.4% (est. 2012)
United States: 2.1% (est. 2012)
World: 4.1% (est.2012)
Germany: 2.1% (est. 2012)
Brazil: 5.4% (est. 2012)
United States: 2.1% (est. 2012)
World: 4.1% (est.2012)
Is Inflation a Problem for the UK?
Inflation in the United Kingdom seems to be holding in a good place. It is slightly higher then Germany (a geological similar location) and the United States a highly industrialized country in the world, but is lower then Brazil (a major oil producer). This means that inflation is going up steadily, but shouldn't be to much of a problem for the United Kingdom.
Reasoning
Germany- Geological Location
Brazil- Major oil producing country
United States- Highly Industrialized country
World- Gives average of every country
Brazil- Major oil producing country
United States- Highly Industrialized country
World- Gives average of every country