Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Currency in Circulation (CURRCIR) from Aug 1917 to Jun 2025 about currency and USA.
In 2024, China’s monetary authority, the People’s Bank of China, issued more than ** trillion yuan which was the highest amount issued in one year so far. Over the past years, the value of printed money increased steadily. The issuing of currency was one function of a central bank. Maintaining price stability One of the main policy objectives of the People’s Bank of China was to maintain price stability. Typically, countries set the desired inflation target and the central bank implements the necessary policies to achieve the said target. Usually, China keeps its inflation target at around ***** percent, but in 2021, the inflation rate dropped to under *** percent. If the inflation rate is too low, central banks can issue more currency and decrease the interest rate. In the opposite scenario, if the inflation rate is too high central banks try to reduce the amount of money in circulation by increasing the interest rate or decreasing bond prices. Managing the economy In capitalist market economies, economies usually undergo a boom and bust cycle. Central banks attempt to counteract this cyclical development to soften the impact for its citizens. For instance, the Chinese government aims to maintain an unemployment rate of around **** percent. However, crises such as the 2008 financial crisis and the outbreak of COVID-19 have an unforeseen impact on the economy. To lower the employment rate, the People’s Bank engaged specific monetary policies to stimulate the economy with the aim of increasing job creation.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, The Global Managed Print Services market volume was USD 38.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030. Rapid Industry-wide Digitalization is Driving the MPS Market
The growth of the market has been considerably influenced by organizational efforts to reduce paper waste and the adoption of more digital resources. Paper usage is being limited by businesses. Their rise will accelerate in the foreseeable future as managed print services help reduce waste. When businesses use managed print services, the associated costs go down. These cost savings enable businesses to increase their profit margins.
The majority of the business benefits that MPS is anticipated to provide include better service quality and dependability (44%), increased security (43%), increased business process efficiency (40%), and aid with transferring print infrastructure to the cloud (40%).
(Source:h20195.www2.hp.com/v2/getpdf.aspx/4aa8-1111enw.pdf)
According to estimates, the BFSI business will increasingly adopt automation and digitization, which will increase demand for MPS as a way to save costs and streamline the current printing process. Businesses are also emphasizing protection against data breaches and other similar dangers as a result of the increased attention on cyber-security.
Rising Adoption In manufacturing companies Is Boosting The Markt Expansion
From the ordering of products to the transportation and distribution of final goods, printing is a crucial component of company operations for manufacturing organizations. Manufacturing companies are always looking for solutions to preserve critical information and outputs in a secure format.
With their cooperation with a leading cybersecurity company and maker of security cameras, Mobotix, Konica Minolta saw their production print market grow by over 20% between 2021 and 2022, while the solution market grew by 42%. Similar to Mobotix, who have a 19 percent year-over-year growth in the solutions marke.
Manufacturing companies want assistance in lowering office and production printing expenses and enhancing production effectiveness. Additionally, consolidating vendors could lower the cost of printing and imaging, and using fax over IP could do the same.
The Factors Are Preventing The Managed Print Services Market From Expanding
Rising Usage Of Digital Media is a Significant Obstacle To Market Expansion
A significant obstacle to market expansion is the rising usage of digital media. Various tactics are being used by numerous organizations all over the world to cut operational costs. Although purchasing paper may not be expensive for businesses, the expense of storing, the printing process, and copying is expensive. Approximately 30 times as much money is spent on paper operations as there is to pay for the actual paper. As a result, businesses encourage their staff to print the relevant paperwork.
Impact of COVID-19 on the Managed Print Services Market
One of the many industries adversely affected by the COVID-19 pandemic outbreak was the managed print services market. Due to the COVID-19 outbreak, the printing sector experienced delays due to self-isolation regulations, manufacturers changing the routes of their suppliers away from manufacturing hubs like China, and modifications to the packaging supplies used for everyday goods. The demand for vital goods has risen due to both sectors' provision of necessities during the pandemic. As a result, managed print services are now more frequently used. Introduction of Managed Print Services
To manage the output of business documents, outside print suppliers offer managed print services (MPS). Managed print services (MPS), which enable digital technologies and printing services, securely manage the print and scan infrastructure of homes and businesses.The increased use of managed print services (MPS) among various end users drives the global market.
These advancements enable companies to provide more customized solutions and services, which fuels the expansion of the Managed Print Services market.
For instance, Fisher's Technology bought the managed print services secti...
The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by June 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached ***** percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.
One of the major duties the Bank of England (BoE) is tasked with is keeping inflation rates low and stable. The usual tactic for keeping inflation rates down, and therefore the price of goods and services stable by the Bank of England is through lowering the Bank Rate. Such a measure was used in 2008 during the global recession when the BoE lowered the bank base rate from **** percent to *** percent. Due to the economic fears surrounding the COVID-19 virus, as of the 19th of March 2020, the bank base rate was set to its lowest ever standing. The issue with lowering interest rates is that there is an end limit as to how low they can go. Quantitative easing Quantitative easing is a measure that central banks can use to inject money into the economy to hopefully boost spending and investment. Quantitative easing is the creation of digital money in order to purchase government bonds. By purchasing large amounts of government bonds, the interest rates on those bonds lower. This in turn means that the interest rates offered on loans for the purchasing of mortgages or business loans also lowers, encouraging spending and stimulating the economy. Large enterprises jump at the opportunity After the initial stimulus of *** billion British pounds through quantitative easing in March 2020, the Bank of England announced in June that they would increase the amount by a further 100 billion British pounds. In March of 2020, the headline flow of borrowing by non-financial industries including construction, transport, real estate and the manufacturing sectors increased significantly.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Money Supply M1 in Australia decreased to 1814.75 AUD Billion in May from 1816.28 AUD Billion in April of 2025. This dataset provides - Australia Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.