Sentence examples for its high inflation from inspiring English sources
Acknowledging that it has failed to curb its high inflation rate, Turkey issued a new 20 million lira bank note yesterday, worth about $12.
But most of India's biggest problems — like its high inflation, which was nearly 5.8 percent in July and has been rising partly because of the falling rupee — have domestic causes.
At the end of the 20th century, Italy, seeking balance with other EU nations, brought its high inflation under control and adopted more conservative fiscal policies, including sweeping privatization.
Ultimately, in the presence of severe uncertainty at a time when the country was making its first democratic transition in decades, its high inflation gave way to a short but devastating bout of hyperinflation.
The rise in China's relative costs has been even greater given its higher inflation rate.
The Bank of England, in its Inflation Report this week, assumed there would be a 10% rise in domestic gas prices before the end of this year - one reason for its higher inflation forecast of 3.5% for the early months of 2011.
And of course theres China, which posted its highest inflation figures in more than a decade, at 6.5% in August, driven by high pork prices as a result of a series of outbreaks of blue-ear disease, which has cost China one in 10 of its pigs.
The current sanctions against Iran have slashed the value of its currency, aggravated its already high inflation rate and cut many of its financial ties to the rest of the world.
In a report published this week the OECD, while applauding Spain's "remarkable" performance, noted that its relatively high inflation had undermined its competitiveness.Olivier Blanchard, of the Massachusetts Institute of Technology, sees Spain as a plausible next victim of what he calls "the rotating slumps under the euro".
The money supply is now shrinking in Britain, suggesting its uncomfortably high inflation will pass.In this section Overview Output, prices and jobs The Economist commodity-price index The Economist poll of forecasters, August averages Trade, exchange rates, budget balances and interest rates Markets Money supply Reprints.
Before Greece joined the euro, it was able to reduce its debts through high inflation.
