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?
Personally I do think that inflation is going to keep rising this year. In my country Economicst predict a more slowly rising inflation and energy and food prices are evening dropping a bit in price this year. However I am very sceptical about such moves, why would any company that tries to maximise it's profits going to lower it's price considerably? Both food and energy are two sectors where people need to but regularly, there is no way to live without it. I expect prices to rise again later this year. Another big trend is that workers demand huge pay rises this year. In many sectors we saw strikes that were eventually settled with giving workers one time pay off payments and 10% salary rises. All these additional cost are going to make products more expensive and will be passed on to the consumers.