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Are the rates of inflation lower in advanced economies than they are in China and India?

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Are the rates of inflation lower in advanced economies than they are in China and India?

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  1. No, everyone is hit just as equally because we are now Globalised. Globalisation used to be a very good thing but with the current inflation situation, I guess countries are feeling the negative impacts of it.

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  2. Yes, the inflation rates are far lower in the US, the Uk, Japan and many other developed countriues than the large, poor and emrging countries like China and India. And, this is a pity that the porrer nations suffer more than the richers citizens of the World because of poor, oppressive and incompetent but so called popular govts. in the poor countries.

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