Median inflation in G20 countries has remained around 4.7% over the past 5 months, slowing markedly compared to last year.
By the end of October-November it will most likely drop to 4%, which will be a two-year minimum.
Before COVID, median inflation in G20 countries had been around 2% for many years. The world's central banks are gradually winning the fight against inflation, but there is no final victory yet.
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