The IPTF's discussion document for the 25 May 2022 meeting is now available and states the following view of the Task Force:
Countries with three-year cumulative inflation rates exceeding 100%:
- Argentina
- Ethiopia
- Iran
- Lebanon
- South Sudan
- Sudan
- Suriname
- Turkey
- Venezuela
- Yemen
- Zimbabwe
Countries with projected three-year cumulative inflation rates exceeding 100%:
There are no countries in this category for this period.
Countries where the three-year cumulative inflation rates had exceeded 100% in recent years:
There are no countries in this category for this period.
Countries with recent three-year cumulative inflation rates exceeding 100% after a spike in inflation in a discrete period:
There are no countries in this category for this period.
Countries with projected three-year cumulative inflation rates between 70% and 100% or with a significant (25% or more) increase in inflation during the current period
The IPTF also notes that there may be additional countries with three-year cumulative inflation rates exceeding 100% or that should be monitored which are not included in the analysis as the necessary data is not available. Examples cited are Afghanistan, Syria, and Ukraine.
The full list, including exact numbers, detailed explanations of the calculation of the numbers, and observations of the Task Force is available on the CAQ website.