Inflation may no longer dominate global headlines as it did during the post-pandemic price surge, but it remains a critical measure of economic stability across the world’s largest economies.
According to the International Monetary Fund’s latest projections, inflation rates across the G20 are expected to diverge sharply in 2026. Argentina and Türkiye are forecast to record inflation rates close to 30%, making them clear outliers among major economies. In contrast, every other G20 member is projected to keep inflation below 6%.
The figures underscore the uneven recovery from the inflation shock triggered by pandemic disruptions, supply chain bottlenecks, and rising energy costs. While many central banks have successfully slowed price growth through tighter monetary policies, some economies continue to struggle with persistent inflationary pressures.
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For households, the outlook remains significant, as inflation directly affects the cost of essentials including food,
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