Financial Times analyzed key economic indicators, interviewed experts and concluded that the world inflation is likely to be at its peak at the moment and will slow down further.
According to the newspaper, wholesale producer prices in Germany fell by 4.2% in October compared to September. The publication notes that the decline was the highest since 1948. It is noted that in the U.S. and Britain in the summer decreased wholesale producer prices compared to the summer of 2021.
The publication notes that in almost all G-20 countries in October 2022 the wholesale producer price indexes decreased compared to September, including such states as Poland, Portugal, Spain and Mexico.
Inflation appears to have reached its highest point. The easing of price pressures and an improving supply situation are leading to a more moderate consumer price dynamic, the FT quoted Moody's Analytics chief economist Mark Zandi as saying.