Inflation is generally understood to be a sustained hike in the price level of goods and services. Most economists favor relatively low and stable inflation rates for a nation's economy to work smoothly.
But the eurozone currently has to grapple with an inflation rate considered far too low to be anywhere near the ECB's recommended target rate of little under 2 percent. This page collates the latest DW content on the topic.
In the past year, unrest in Latin America has made the headlines, as well as the huge cleft between rich and poor, and dissatisfaction with the government. The reasons might be different in every country, but they all have one problem in common: their faltering economies.
China is the world's largest producer and consumer of pork, but the African swine fever epidemic has decimated stocks. The price of pork has more than doubled as a result, driving up the overall rate of inflation in November to the highest in nearly eight years.