摘要：The hike in prices to any product and/or service is the common man’s fright.Inflation has faced upheavals regardless of the countries around the world.This study has specifically quantified the co- movement of inflation rates ofdifferent countries around the globe. Johansen Co-integration was used toanalyze the co-movements of the inflation rates of the selected world regionsdivided as South Asia, North Asia, Africa, Middle East, South America, NorthAmerica, Central America, Europe and Australia. The results revealed thatco-movements of inflation rates prevails in North Asia, Africa, Middle East,North America, Central America, Europe and Australia whereas; South Asiaand South America’s co-movements in regards to inflation rates was notfound. This simply depicts that the territorial inflation levels in most of theeconomies shift mutually all around the globe and most of the countries areabsorbing the inflationary trends from each other regardless of political,social, technological diversity. But in few nations despite of their symmetricsocio-economic nature the inflationary trends are asymmetric.
