As stagflation hits six economies, Fidelity FundsNetwork has produced an online map allowing advisers to easily compare global growth and inflation rates.
The map enables advisers to click on a country or region and see its growth and inflation rates with a zoom-in facility for European nations. According to the OECD, the UK, Australia, Portugal, Spain, Belgium and the Netherlands are all experiencing stagflation (rising prices and slowing growth). Growth is slowing in six out of 12 countries, whilst the BRIC countries have a significantly higher GDP growth rate for Q1 2008. At the same time, inflation has risen in 12 out of the 16 countries. Belgium has the highest inflation rate in major developed market (5.8%) and Japan the lowest on 1...
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