Inflation in advanced economies will drop in the middle of next year and this is good news for everyone as it eases the pressure for central bank action.
This was stated by the
director general of the IMF, Kristalina Georgieva
, calling the price race "transitory".
In the United States, meanwhile, prices are running.
Inflation in September rose by 0.4% compared to the previous month, above the expectations of analysts who bet on + 0.3%.
On an annual basis, inflation rose to 5.4%, above 5.3% of expectations.
The 5.4% price increase in the US in September is the largest in 13 years.
The jump on a trend basis is in fact the same as the highest ever recorded in 2008.