ISMS 21: CPI Collapsing Across the Globe

<h2><strong>Will the global CPI slowdown continue?</strong></h2><h3><strong>Global Markets</strong></h3><h4><strong>Global CPI is falling fast in both DM and EMs</strong></h4><ul><li>Economies across the world have a GDP of about US$90trn and an average CPI of 6.2%</li><li>DM CPI was 5.7%</li><li>EM CPI was 6.9%</li></ul><br/><h4><strong>World CPI was 6.2%, down 0.4ppts from one year ago; MoM it was down 0.8ppts</strong></h4><ul><li>DM CPI was 5.7%, down 0.9ppts from one year ago; MoM it was down 0.8ppt</li><li>It has moved from being in line with World CPI last year; to the current 0.5ppt discount</li><li>EM CPI was 6.9%, which is about flat vs. one year ago; MoM it was down 0.8ppt</li><li>It has moved from being in line with the World CPI last year; to the current 0.7ppt premium</li></ul><br/><h3><strong>Developed Regions</strong></h3><h4><strong>DM Americas CPI is falling fast, DM Europe is sliding, DM Asia is on a steady rise</strong></h4><ul><li>DM Americas is the largest, with US$25trn of GDP and 4.9% CPI</li><li>DM Europe has US$14.9trn GDP and 7.1% CPI</li><li>DM Pacific has US$7.6trn GPD and 4.7% CPI</li></ul><br/><h4><strong>DM Americas CPI is falling fast, DM Europe is sliding, DM Asia is on a steady rise</strong></h4><ul><li>DM Americas CPI was 4.9%, down 3.4ppts from one year ago; MoM it was down 1ppts.</li><li>It has moved from a 1.7ppts premium to World CPI last year; to the current 1.3ppts discount</li><li>DM Europe CPI was 7.1%, up 0.9ppts from one year ago; MoM it was down 1.1ppts.</li><li>It has moved from a 0.5ppts discount to World CPI last year; to the current 0.9ppts premium</li><li>DM Pacific CPI was 4.7%, up 2.4ppts from one year ago; MoM it was up 0.4ppts.</li><li>It has moved from a 4.4ppts discount to World CPI last year; to the current 1.5ppts discount</li></ul><br/><h3><strong>Emerging Regions</strong></h3><h4><strong>EM Europe and Asia CPI falling; Middle East &amp; Africa, and Frontier markets are still on fire</strong></h4><ul><li>EM Americas had a small GDP of US$3.8trn and CPI o