More countries experience the declining than rising in prices. So, the world economy is still under deflation technically.
60 countries are experiencing low inflation rates (between 0 and 2%).
The following table displays the changes in inflation rates from previous period: 102 countries experienced decreasing in prices level from previous period while 65 countries experienced rising in price level.
The following chart shows the current inflation rates for G-20 countries: Korea’s inflation rate is lower than U.S. and China
Many G-20 countries are experiencing the falling in the price level from previous