APRIL 2021
INFLATION RATE
In 2020-Q4, prices in the selected European countries and in China are relatively stable compared to both the previous quarter and the same quarter of the previous year: in both cases, the percentage change in the Consumer Price Index is lower than 1%. The United States experience relatively stable prices compared to the previous quarter of the year, but a 1.24% price increase relative to 2019-Q4. Starting from 2021, the OECD predicts an average price increase between 0.5% and 2% in all selected countries, due to the rebound in GDP growth and to the partial recovery of labor markets as economic activity transits towards normality.