World’s least miserable live in Asia, thanks to disinflation

(Aug 8): The Land of Smiles really is the happiest place in the world, at least in terms of holding a job and keeping the rising cost of goods in check.

The Misery Index, computed by adding inflation to the unemployment rate, gives Thailand a score of 1.11%, which is the best - or least miserable - for all 74 economies surveyed by Bloomberg.

Singapore and Japan are close runner ups, with 1.40% and 2.70%, respectively. The UK ranks the 17th least miserable country while the US takes 21st place. China follows closely in 23rd spot.

---

Related Stories

• Strong US economy confounds stocks-bonds investors
• Covid-19: How countries fared and why
• Change in investment strategy as the world moves out of sync

---