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economic instability
Business / 18 weeks ago
U.S. dollar sees significant inflation surge from 2015 to 2025, peaking in the pandemic aftermath
Over the past decade, the U.S. dollar has experienced a steady yet noticeable erosion in purchasing power, with cumulative inflation pushing the nominal value of $500,000 in 2015 to a staggering $678,147.56 by 2025. This represents a cumulative inflation growth of approximately 35.6%, according to data compiled by World Visualized using figures from the U.S. Department of Labour.
Environment / 26 weeks ago
Global food inflation surges intensify food insecurity in vulnerable nations
Data from the World Bank's April 2024 Food Security Update indicates that food price inflation exceeded 5% in 59.1% of low-income countries, 63.0% of lower-middle-income countries, 31.0% of upper-middle-income countries, and 14.5% of high-income countries. In real terms—adjusted for overall inflation—food price inflation outpaced general inflation in 53.0% of the 166 countries analysed.
