mind Retail presents a review of macro-economic indicators for the 1st half of 2024. At the end of June 2024, what was the level of inflation in Europe, the U.S.A. and China? How is it impacting the retail market? Read our analysis based on data from Eurostat, the US Census Bureau and China's National Bureau of Statistics.
After peaking in June 2022, 6 months after Russia’s invasion in Ukraine, the pace of inflation has been decelerating since the end of 2022 when measured year-on-year. However, in the medium term, it remains high in the three key markets analysed by our editorial team: Europe, the U.S.A. and China.
At the end of June 2024, the Eurozone‘s HICP (Harmonized Index of Consumer Prices) stood at a rise of 2.5% year-on-year, a figure that has been broadly stable for 6 months. This Eurostat’s...
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