Post
Topic
Board Economics
Merits 3 from 1 user
Re: Inflation & Supply Chain Issues-How bad is it going to get?!
by
Coyster
on 23/10/2021, 15:32:40 UTC
⭐ Merited by The Pharmacist (3)
First, how bad is inflation in your country..what % is it currently at?  (Here in the U.S. it's between 4-6% on average.  Many items have inflated much more such as seafood being around 20-30%)
It's pretty high/bad in my country at the moment, I do not know the official percentage, but from my personal daily experiences, inflation seems to be skyrocketing over here as things stands now, another thing is, my country was In a pretty bad state before the pandemic and quite as expected the pandemic has made things a whole lot worse. This is another thing to point out, I believe countries that were struggling perviously are in more mess and things will get bad and even worse for them quicker than countries that could boast of a stable economy before the pandemic.