Argentina, Brazil, Canada, China, India, Japan, Mexico, New Zealand, Philippines, Singapore, South Korea, Sweden, Turkey and the United Arab Emirates (UAE) are among the top 10 currencies with the lowest inflation rates in the world, according to the Bank for International Settlements (BIS).
The currency also has the lowest interest rates in advanced economies.
The index of currencies, based on real exchange rates, is published every month by the BIS.
A comparison of the 10 countries with the highest and lowest inflation over the past five years is published in January every year.
Argentina’s inflation rate was just 0.8 per cent in 2016, down from 2.1 per cent last year, according the BES.
The current rate is 0.2 per cent, while the rate for the 10 other countries is at 0.5 per cent.
China has the highest inflation rate of the ten countries at 6.6 per cent per annum, while Brazil’s rate is at 2.2 percent, according BES data.
Argentina has the most inflation in the Americas and the least in Europe, at 1.5 percent, with the Netherlands and Spain having the lowest rates.
The lowest inflation rate in Latin America was in Colombia at 0% in 2015.
In 2018, Peru’s inflation was 1.3 per cent compared to 0.7 per cent the previous year.
Brazil’s inflation last year was 4.9 per cent and the Philippines’ was 3.5.
The CPI, a measure of inflation based on purchasing power parity (PPP), is based on a basket of 20 currencies.
The basket is based largely on the value of the dollar, as well as other commodities such as gold, oil, and copper.
Peru’s CPI has risen by 10.5 percentage points since 2016, and is the second-lowest in the group, behind Brazil’s 7.5 points.
Peru was the fifth-lowgest CPI in the index last year.
Australia’s CPI rose by 2.4 per cent over the same period, while Singapore’s CPI fell by 1.8 percentage points.
Chile’s CPI was the third-highest at 1,876.9 US cents, and Chile was the sixth-highest.
The eurozone’s average CPI was 3,721.2 US cents in 2017.
Brazil was the 11th-highest CPI in Europe in 2017, while Greece was the 12th-largest in the eurozone, according data from Eurostat.
Brazil and Argentina have the lowest levels of unemployment in the EU, according Eurostat data.
Unemployment in the 10-country Eurozone was 8.3 percent in 2017 and the OECD average unemployment rate in the 11-country bloc was 5.6 percent in 2016.
Unemployment among people aged 15-24 was 11.1 percent in the Eurozone, up from 8.6% in 2017 (see chart 1).
In Brazil, the unemployment rate was 13.9 percent in 2018, while in Chile it was 15.5%.
Argentina had the lowest unemployment rate of 10 countries (the eurozone average was 15%) in 2017: Italy, Spain, Portugal, Cyprus, Ireland, Germany, the Netherlands, and Denmark.
The US had the second lowest unemployment (14.2%) in 2018.
Greece had the fourth-highest unemployment rate (16.4%).
Australia had the highest unemployment rate at 23.6%.
Argentina, the poorest country in the region, had the third lowest rate of unemployment (26.9%).
Chile had the fifth lowest unemployment in 2018 at 2 percent, while Spain had the sixth lowest unemployment at 11.4 percent.
Brazil had the 11 th-lowhest unemployment rate among countries with at least 10 million people.
Chile had a GDP per capita (PPG) of $19,400 in 2018 (see table).