Due to the Russian invasion of Ukraine, the March 2022 forecast of the global inflation rate in 2022 was increased by nearly three percent compared to projections from February 2022. The impact on prices in Russia was the most significant in 2022, at 3.3 percent compared to the base.
Forecast change in inflation rate due to the Russia-Ukraine war in 2022 and 2023, by global region
(compared to the forecast from February 2022)
* The source specified the following information: "The behavior of the UK inflation is a combination of the UK being a small open economy, with the import prices increase having a larger impact on headline inflation in the short-term, and regulatory assumptions embedded in the baseline."
Figures have been rounded.
All figures are forecast based on NIESR's Global Econometric Model, NiGEM, simulations.
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Statista. (March 2, 2022). Forecast change in inflation rate due to the Russia-Ukraine war in 2022 and 2023, by global region (compared to the forecast from February 2022) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1298066/war-in-ukraine-impact-on-inflation-by-region/
Statista. "Forecast change in inflation rate due to the Russia-Ukraine war in 2022 and 2023, by global region (compared to the forecast from February 2022)." Chart. March 2, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1298066/war-in-ukraine-impact-on-inflation-by-region/
Statista. (2022). Forecast change in inflation rate due to the Russia-Ukraine war in 2022 and 2023, by global region (compared to the forecast from February 2022). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1298066/war-in-ukraine-impact-on-inflation-by-region/
Statista. "Forecast Change in Inflation Rate Due to The Russia-ukraine War in 2022 and 2023, by Global Region (Compared to The Forecast from February 2022)." Statista, Statista Inc., 2 Mar 2022, https://www.statista.com/statistics/1298066/war-in-ukraine-impact-on-inflation-by-region/
Statista, Forecast change in inflation rate due to the Russia-Ukraine war in 2022 and 2023, by global region (compared to the forecast from February 2022) Statista, https://www.statista.com/statistics/1298066/war-in-ukraine-impact-on-inflation-by-region/ (last visited December 22, 2024)
Forecast change in inflation rate due to the Russia-Ukraine war in 2022 and 2023, by global region (compared to the forecast from February 2022) [Graph], Statista, March 2, 2022. [Online]. Available: https://www.statista.com/statistics/1298066/war-in-ukraine-impact-on-inflation-by-region/
