{"id":41584,"date":"2022-02-10T22:36:36","date_gmt":"2022-02-10T13:36:36","guid":{"rendered":"https:\/\/www.theguardian.com\/business\/2022\/feb\/10\/the-rise-in-global-inflation-the-hit-to-living-standards-across-the-world"},"modified":"2022-02-10T22:36:36","modified_gmt":"2022-02-10T13:36:36","slug":"the-rise-in-global-inflation-the-hit-to-living-standards-across-the-world","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=41584","title":{"rendered":"The rise in global inflation \u2013 the hit to living standards across the world"},"content":{"rendered":"<p>Analysis: From Pakistan to the US, Australia to Germany, the cost of living is rising to new highs and causing new hardships<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/2022\/feb\/10\/us-inflation-reached-highest-level-40-years-january\">US inflation reaches 40-year high at 7.5%<\/a><\/li>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/live\/2022\/feb\/10\/unilever-deals-prices-inflation-astrazeneca-stock-markets-us-inflation-economy-covid-business-live\">Rolling coverage of the latest economic and financial news<\/a><\/li>\n<\/ul>\n<p>After decades lurking in the shadows, inflation is back. On Amazon, you can find <a href=\"https:\/\/www.amazon.co.uk\/Inflation-violent-mugger-frigh-Ronald\/dp\/B01LZDDXYU?th=1\">fridge magnets<\/a> printed with words spoken 40 years ago <a href=\"http:\/\/archive.boston.com\/news\/politics\/articles\/2011\/08\/28\/the_i_word\/\">by Ronald Reagan<\/a>, before the election that swept him into the White House.<\/p>\n<p>\u201cInflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.\u201d<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2022\/feb\/10\/the-rise-in-global-inflation-the-hit-to-living-standards-across-the-world\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysis: From Pakistan to the US, Australia to Germany, the cost of living is rising to new highs and causing new hardshipsUS inflation reaches 40-year high at 7.5%Rolling coverage of the latest economic and financial newsAfter decades lurking in the &#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[43,6,2535,437,657,221,2536,383,1311,533,59,558,2515,557,451,1298,60,958,61,2363,1803,47,42],"tags":[],"class_list":["post-41584","post","type-post","status-publish","format-standard","hentry","category-australia-news","category-business","category-cost-of-living-crisis","category-economics","category-energy-industry","category-europe","category-federal-reserve","category-food-drink-industry","category-food-poverty","category-germany","category-global-development","category-global-economy","category-inflation","category-international-trade","category-italy","category-new-york","category-pakistan","category-poverty","category-south-and-central-asia","category-supply-chain-crisis","category-us-economy","category-us-news","category-world-news"],"aioseo_notices":[],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/41584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41584"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/41584\/revisions"}],"predecessor-version":[{"id":41585,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/41584\/revisions\/41585"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}