Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Charting the global economy: Inflation mounts as war drags on

(Bloomberg) --The fallout from the war in Iran continued to ripple across the global economy, complicating the outlook and fueling inflation angst.

In the US, a closely watched measure of consumer prices climbed at the fastest pace since 2023, eroding incomes and straining consumers. Elevated oil prices are putting pressure on longer-dated Japanese government bond yields, and Cuba is running out of food and fuel.

The European Central Bank is forecast to raise interest rates twice this year amid the renewed burst of inflation. The global energy crisis also set the backdrop for US President Donald Trump’s trip to China for a two-day summit with President Xi Jinping, marking the first time a US leader has visited the country in almost a decade.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

US

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.