The highest inflation rate among the G8 and BRIC countries is recorded in India and Russia
India and Russia are the leaders among the “Great Eight” and the BRIC countries in terms of growth of inflation. This is evidenced by the Rosstat data using the publications of the International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD) and operational data from national statistical services. Consumer prices grew up in India at 11,6%, in Russia on 10,7% in annual terms in September (by September 2008).
In Britain, inflation in September in annual terms amounted to 1,1%, Italy 0.2%.
Deflation is recorded among the other countries of “Great Seven”.
Consumer prices in Japan are declined by 2,2%, by 1,5% – in the U.S. , by 0.9% – in Canada, by 0,4% – in France, by 0,3% – in Germany.
The Brazilian prices rose by 4,3%, and deflation in China was at an annual rate of 0,8%.
The unemployment rate remains the lowest in Japan – 5.5% of the economically active population. The highest unemployment rate is recorded in France – 10%, in the USA – 9,8%, in Canada – 8.4%, in the UK – 7,8%. This is followed by Russia and Germany with the index of 7,6%.
In Italy, unemployment at the end of the 2nd quarter amounted 7,4% of the economically active population.