Post
Topic
Board Economics
Re: Will inflation in the world grow by 2023?
by
durop77
on 29/05/2023, 07:48:43 UTC
There is no definite answer to this question as inflation rates can be affected by a variety of factors, including changes in government policies, global economic conditions, and natural disasters. However, many economist predict that inflation may increase in the coming years due to factors such as rising commodity prices and increased government spending. Inflation can be caused by increase in demand for goods and services exceeds the supply prices tends to rise. Increase in production costs, increase in money supply, decrease in supply of goods and services prices tend to rise due to scarcity. Natural disasters can impact also Inflation rate.
I also think that it is impossible to remain without attention to this topic, because even natural disasters really increase the impact on the population. Therefore, it is worth preparing for everything.