The world is getting more expensive for consumers as a result of rising inflation and a weaker currency, according to the World Bank.
The organisation said in its annual report on the world economy on Wednesday that the cost of goods rose 2.3% in the first half of this year and 2.9% in 2017 compared with the same period in 2016.
This is the third straight year of rising global prices, which have seen prices in the United States and Europe rise by more than 40%.
The World Bank said that rising food prices and higher energy prices have put the pressure on countries to spend.
The report said the “growing impact” of rising food and energy prices on the average household is likely to worsen by 2021 and 2022.
The bank said the price of food, including milk and meat, has risen in line with a drop in the price index, which measures the purchasing power of the purchasing goods, such as cars, food and other goods.
It said the CPI-U index is a better indicator of inflation because it includes all prices.
The CPI-W is an indicator of the cost to consumers of goods and services.
Food prices rose in November 2017, and are expected to continue to rise.
This year, they rose 2% year-on-year and 6% in 2019.
The global price index rose for the first time in three years, rising 1.7% in December.
The World Trade Organization (WTO) said in November that countries could see an average of 3% to 6% of their output decline in 2017 due to the global impact of rising prices.
A rising price index is not necessarily a sign of economic distress.
It is a sign that the price changes reflect a more favourable trend, or are due to a temporary or temporary trend.
A fall in the CPI has the potential to cause the economy to grow, but there is no such thing as a permanent reduction in prices.
It could be temporary.
The World Bank warned in its report that it is too early to tell if this is happening.
The US and Europe have been hit the hardest by the rise in the cost for food, according a report by the think tank the Peterson Institute for International Economics (PII).
It said that prices in some parts of the US have risen by more in three months than the average for a year.
The US, which had the second highest CPI-E index at 2.7, was the worst affected, with the CPI rising by 11% in November.
India, which has been experiencing a severe drought and has seen its prices rise by 5% in March alone, is also seeing a surge in inflation.
The inflation rate in India is now more than 12% compared with around 6% a year ago.
India’s government has been trying to keep inflation under control, while reducing the amount of cash that people are holding.
The CPI-N is also a good measure of inflation.
This measures the inflation in the consumer price index plus a 0.5% food price rise that would be considered a shock.
This was the lowest in India since 2013.
The increase in food prices is due to rising prices for wheat and rice, the cheapest food.
India’s wheat and soy prices rose by 6% and 6%, respectively, in 2017.
The rise in food costs has been blamed on rising imports and a shift to cheaper imported goods such as rice, pulses, meat, cheese and sugar.