

In 2020, Brazil for example had an inflation rate of 3.21 percent, compared to the previous year, while the inflation rate in China stood at 2.39 percent. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States increased by 0.9 percent in October 2021 compared to the previous month.Ĭompared to other countries the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 298.06 in 2026, compared to the base period from 1982 to 1984. The purchasing power is the extent to which a person has available funds to make purchases.Īccording to the data published by the International Monetary Fund, the U.S. This means that the purchasing power of the U.S. The annual inflation rate in the United States has decreased from 3.2 percent in 2011 to 1.2 percent in 2020. The change in this price level of goods and services is defined as the rate of inflation. One of the most important economic indicators is the development of the Consumer Price Index in a country. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here.

The rate of decrease in the purchasing power of money is approximately equal.Ī projection of the annual U.S. It is the percentage rate of change in price level over time. In economics, the inflation rate is a measure of inflation, the rate of increase of a price index (in the below case: consumer price index). In October 2021, prices had increased by 6.2 percent compared to October 2020 according to the 12-month percentage of change in the consumer price index, respectively the monthly inflation rate for goods and services in the United States. United States - monthly inflation rate in October 2021

Third-ranked Nintendo had a market cap of 51.58 billion U.S. The company owns five business units: Activision Publishing, Blizzard Entertainment, social gaming brand King, Major League Gaming, and Activision Blizzard Studios. dollars, which had been boosted by market activity surrounding the metaverse hype in October 2021.Ī summer of litigation cause Activision Blizzard's value to drop and the company to be relegated to second place with a market cap of nearly 54.86 billion U.S. As of November 2021, Roblox Corporation was ranked first among the biggest gaming companies worldwide with a market cap of 62.55 billion U.S. dollars, ahead of several well-established industry heavyweights. (Formerly) indie gaming company Roblox Corporation started trading publicly on Maand closed its first day of trading activity with a market cap of over 37 billion U.S. Market value of the largest gaming companies worldwide 2021 Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The most important are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). The OPEC basket is one of the most significant benchmarks for crude oil prices worldwide. By increasing and decreasing its oil production, OPEC tries to keep the price between given maxima and minima. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket.

The aim of the OPEC is to coordinate the oil policies of its member states. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and as of June 2021 it includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The 2020 fall in prices was the result of a significant decline in transportation fuel demand and weakened economic prospects during the coronavirus pandemic. dollars the previous year, which was only slightly higher than the average annual price during the 2016 oil crisis. The preliminary 2021 annual average OPEC oil price stands at 68.19 U.S.
