Charting the Global Economy: Inflation Picks Up in Japan, UK
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 22 2025
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Source: Bloomberg
Global Inflation Trends: Inflation rates have surged in Japan, the UK, and Canada, with Japan experiencing its fastest inflation since mid-2023, prompting expectations of further interest rate hikes. The UK also saw increased inflation driven by rising costs in various sectors, complicating the Bank of England's approach to economic recovery.
Trade and Economic Developments: Thailand aims to purchase $2.8 billion worth of agricultural commodities from the US, while South Korea seeks exemption from US tariffs amid political turmoil. Additionally, Argentina is witnessing a resurgence in home loans due to economic reforms, and the EU is strengthening ties with South Africa as it faces trade challenges from the US.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
