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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In 2023 global prices rose by 7.4% on average, despite the easing of supply-chain disruptions and rising interest rates. Discover which cities the cost-of-living crisis is affecting the most in EIU’s latest report.www.eiu.com/n/campaigns/worldwide-cost-of-livin…The Consumer Price Index (CPI) rose 3.9% on an annual average basis in 2023, following a 40-year high increase of 6.8% in 2022 and a 3.4% increase in 2021. Aside from 2022, the annual average increase in 2023 is the largest since 1991. Excluding energy, the annual average CPI rose 4.5% in 2023 compared with 5.7% in 2022.www150.statcan.gc.ca/n1/daily-quotidien/240116/d…
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