Foreign Media: According to the International Monetary Fund's April 2026 World Economic Outlook, global inflation divergence in 2026 is expected to be extremely pronounced.
Venezuela leads with an inflation rate of 387.4%, followed by Sudan (75.1%) and Iran (68.9%), while Argentina (30.4%) and Turkey (28.6%) rank fifth and sixth respectively. Venezuela's crisis stems from the oil price collapse in 2014, compounded by political instability and policy mismanagement, resulting in massive population outflows. For years, oil revenues have been diverted toward political projects rather than infrastructure development, leading to persistently worsening inflation for over a decade.
On the low-inflation end, Costa Rica is the only country globally projected to experience deflation (-0.4%). However, prolonged deflation could suppress demand and depress wages. The country's central bank expects it will not return to its target inflation range until mid-2027.
Inflation remains low in Niger, Chad, Switzerland (all around 0.5%), and China (1.2%). The Caribbean region as a whole performs well, with most countries maintaining inflation at around 1%.
Argentine President Milei has cooled inflation by cutting fiscal spending and subsidies, but has not implemented dollarization.
Original Source: toutiao.com/article/1867574732425347/
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