Charting International Labor Comparisons - About this Report
21 Mar. 2014
This collection of charts is intended to help business leaders and analysts navigate the global labor market environment by providing a global economic snapshot and by offering accurate comparisons between regions and countries. Often statistics from different countries are not comparable and do not allow for meaningful comparative analysis. The International Labor Comparisons (ILC) program at The Conference Board adjusts country data to a common basis to facilitate meaningful comparisons between countries. Comparable information about the labor force, labor costs, and labor productivity in different countries—all found within these charts—can lead to more sound location and human capital decisions. Charts and analysis refer to labor markets in up to 38 countries, including emerging economies in Asia, Africa, Eastern Europe, and Latin America.
Display specific countries, indicators, and time periods by toggling the chart legends on and off; mouse over the charts to view detailed data points; and download and print your chart selections.
Chart 17: Average annual inflation rate, as measured by the Consumer Price Index and Harmonized Index of Consumer Prices (2007–2012)
- Consumer price indexes (CPIs) and harmonized indexes of consumer prices (HICP) are two measures of consumer price changes. The HICP, however, are adjusted for comparability across countries, whereas the CPI are not adjusted.
- From 2007 to 2012, inflation averaged between 1.5 and 2.5 percent in all but four of the countries compared in Chart 17. Prices increased at a faster rate in the United Kingdom and Belgium, while Japan was the only country where prices have declined since 2007. The two inflation rates were identical in six out of the 14 countries selected. Of the remaining eight, the differe