ATTRIBUTES OF THE GLOBAL INFLATION ON THE DOMESTIC MARKET ECONOMY.

The price of gold per ounce in the world markets has dropped to $1427.50, while the price of crude oil per barrel of crude oil has increased to $103.90. An over all calculated inflation percentage increase of .40% must have been the cause of the sudden increase in the essential commodities in many markets around the world, particularly in the countries that may have been increasingly involved in the global market economy, or those affected by it such as China, the USA, Europe, the Middle Eastern countries, the Arab World countries and some African countries.