Insurance premium data for the Rest of the World has shown that the average rate of inflation for this grouping fell to 7.90% in 2016. This marks a 1.60% drop from the 2015 figure of 9.50%, as well as an indication that the region’s IPMI is pulling away from its previous trend of sticking close to the global IPMI average.
This section covers the average inflation in each of the three locations included in this region and any major drivers behind the inflation figures seen.
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