Inflation Trends and Global Impact
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Questions and Answers

Which country experienced a decline in prices, not just less inflation, in July 2022?

  • United States
  • Singapore
  • China (correct)
  • None of the above

    • What was the consumer price inflation in the United States in July 2022?

  • 9.1%
  • 4.5%
  • 0.3%
  • 3.2% (correct)

    • Which country experienced a decrease in all-items inflation in June 2022 compared to the previous year?

  • United States
  • Singapore (correct)
  • China
  • None of the above

    • What was the annualized consumer price inflation in the United States in June 2022?

    <p>9.1%</p> Signup and view all the answers

    What was the year-on-year change in producer prices in China in July 2022?

    <p>10th consecutive month of contraction</p> Signup and view all the answers

    What has been the biggest economic concern among policymakers since the 1970s?

    <p>Inflation</p> Signup and view all the answers

    What was the annualized consumer price inflation in the United States in July 2022?

    <p>3.2%</p> Signup and view all the answers

    What was the all-items inflation in Singapore in June 2022?

    <p>4.5%</p> Signup and view all the answers

    What happened to China's economy in July 2022?

    <p>It slipped into deflation</p> Signup and view all the answers

    What was the year-on-year change in producer prices in China in July 2022?

    <p>-4.4%</p> Signup and view all the answers

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