Post
Topic
Board Economics
Re: Will inflation in the world grow by 2023?
by
Cookdata
on 26/05/2023, 06:33:09 UTC
Reading the morning summaries of the newspaper, I came across an article that, according to forecasts, inflation will not remain within the limits of the predicted non-percentages, but will increase and grow, thereby creating economic instability in the world. Do you think it is worth relying on the opinion of economic experts? There have not been any official statements from banks by country yet, but the dynamics show that inflation is growing along with the annual rate of banks. But now it is quite high in all countries, respectively, the rise in price and instability in the markets should be expected or a slight increase in inflation is possible, which will not affect the economy of the world?

Have you for once stopped listening to the media and view inflation from the chart to see what has been happening by yourself? Inflation is synonymous with a price increase, once it goes up, no way the price will be coming down, there is every tendency that it may stabilize and stay there for a while, but it wouldn't depreciate and even if it does, it will be by a small ratio but mostly shoot up and if you check yearly inflation rate of any country, there is always a yearly increase. Regarding your question, I believe there is going to be an increase in inflation for sure and don't expect the price of groceries to remain the way they are by the end of next year.