suggesting a significant easing of current inflationary pressures (Figure 1, panel..., all came much closer to or have already reached the usual
values (Figure 2,...
shot up to 8 percent by 2009
and has remained high since then (see Chart 1, left panel...to about 100 percent of GDP—its high-
est level in 50 years (see Chart 1, right...
blocs of economies: first, the United States and Asia (Graph 1, top left-hand panel...); and
second, commodity and fuel exporters (bottom right-hand...
