Inflation Is Trending Down. Truly.

Genevieve Signoret & Delia Paredes

(Hay una versión en español de este artículo aquí.)

We know it’s frustrating to see annual inflation figures failing to come down as fast as we’d like. But the way to look at economic indicators is to look at trends. So we share here three charts to persuade you that inflation rates in major developed economies are truly trending down.

Consumer price indices (year-on-year percentage change)

USA (core PCE)

Euro area (headline CPI)

Source: Bloomberg.

Source: Bloomberg.

Japan (headline CPI)

Source: Bloomberg.

 
 

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