What is inflation and how does it affect consumers?
Nov 2, 2022 · Inflation is the term used to describe the rate at which prices increase. It’s in the headlines because it has been rising at the fastest pace for several years across many countries. Inflation in the US was more than 8% in September and 10.1% in the UK. That compares with the roughly 2% most policymakers accept is a stable rate.
Inflation: Why is it rising across the world and will it stay that way ...
May 12, 2022 · Inflation is on the increase around the world, with food and energy prices hitting record highs. The rise has been driven in large part by pent-up consumer demand after the pandemic and the Russian invasion of Ukraine. UBS Chief Economist Paul Donovan explains why inflation is high and when we can expect that to ease.
What is inflation, and should we worry? An economist explains
Feb 17, 2022 · Inflation is a concern. Hyperinflation is a disaster. A high-denomination banknote from the late 2000s. Image: Robin Pomeroy
A world of worry, topped by inflation - The World Economic Forum
Oct 21, 2022 · Inflation is the number one concern for people globally, according to a new Ipsos survey. Concerns over rising prices have persisted for more than a year. Poverty, inequality, corruption and climate change are also major concerns. And a majority believe their country is heading in the wrong direction, Ipsos finds.
5 charts on the future of global trade | World Economic Forum
Oct 12, 2023 · Inflation in developed economies will also continue to play a part. If high interest rates are required to remain in place for longer should inflation resurge, demand will be dampened as a result. Although falling energy and food prices in many countries have contributed to bringing down headline inflation, core inflation remains sticky.
Chief Economists Outlook: September 2024 | World Economic Forum
Sep 25, 2024 · This latest edition of the Chief Economists Outlook launches amid continuing economic uncertainty. The short-term outlook for the global economy has begun to stabilize, but many vulnerabilities remain. There are reasons for cautious optimism, notably including a continued gradual easing of inflation rates and a shift to looser monetary policy.
How is inflation affected by globalisation? | World Economic Forum
Aug 29, 2015 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no …
5 books to help you understand inflation - The World Economic …
Oct 14, 2022 · The book includes examples from around the world, including New Zealand, which was the first country to try out inflation targeting. It says such targets have helped keep inflation and interest rates lower. But – as 2022 has shown – the authors also point out that such goals will never keep inflation totally under control.
Inflation affects women more than men. Civil society can help
Oct 18, 2022 · The global inflation crisis affects women and girls disproportionately. Inflation is higher for products aimed at women, who are also less likely to have salaries that keep pace with inflation. Civil society can help by raising awareness, campaigning on childcare reform, and supporting women in the global south.
Finance and the economy: Our 5 top stories from 2023
Dec 15, 2023 · The past year has been turbulent for the global economy; as inflation, rising interest rates, tight labour markets and geopolitical shocks have hit forecasts and caused uncertainty. Throughout the year, we've released forecasts from our chief economist community, held sessions on the global economy at our events, and published our weekly news ...