The International Monetary Fund has said that it expects inflation pressures to be significant around the world in 2022. Inflation is predicted to be worse in developing economies, where price increases are projected to reach 9.9% on average over the course of this year. In developed nations, this number was put at 7.2% by the IMF, Statista said in a note on October 20. After the invasion of Ukraine by Russia in February, the organization revised their inflation projections upwards – by 3.3% for developed countries and 4% for developing nations. This shows that even before the war in Ukraine d…