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What is inflation and how does it affect consumers?
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. The primary way of controlling it is using central bank ...
In charts: 7 global shifts defining 2025 so far | World Economic Forum
2025 has been marked by significant global shifts, including increased geopolitical instability, the accelerating impact of AI and a changing labour market.
Inflation: Why is it rising across the world and will it stay that way ...
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 to know about the global economy in 2024 | World Economic Forum
The global economy was front and centre in 2024, as leaders grappled with challenges like inflation, multiple elections and the Intelligent Age.
Chief Economists Outlook: January 2025 | World Economic Forum
The January 2025 edition of the Chief Economists Outlook reveals a global economy under considerable strain. While inflation is easing in most regions, uncertainty remains elevated and regional growth disparities shape an overall subdued outlook. US policy is expected to have a significant impact on the global economy in the years ahead, inducing a long-term shift to its trajectory. The Chief ...
Chief Economists' Outlook: September 2025 | World Economic Forum
The September 2025 Chief Economists' Outlook explores the latest dynamics shaping the global economy, including growth, inflation, policy shifts and technology’s disruptive impact. It highlights the uncertainty of the current environment, underscored by intensifying trade tensions, shifting policies and rapid advances in artificial intelligence. Drawing on insights from the World Economic ...
5 books on inflation to help you understand the concept
From Yanis Varoufakis ‘talking to his daughter about capitalism’ to the dangers of deflation, these books on inflation explain all you need to know about the concept.
Inflation: Past, Present and Future - The World Economic Forum
Inflation has rocked post-pandemic economies throughout the world, resulting in central banks raising interest rates to levels rarely seen in decades. In a geoeconomic environment characterized by isolationism, conflict and fragmentation, is it time to rethink approaches to inflation, drawing from the past, to better protect economies of the future?
What is the Consumer Price Index and its link to inflation? | World ...
Inflation is an important indicator of an economy’s health. Governments and central banks use the CPI and other indices to make economic decisions. Key among these is whether to raise or lower interest rates. Higher interest rates make borrowing money more expensive and are designed to push down consumer spending – and, in turn, inflation.
What is hyperinflation? | World Economic Forum
In general, the term is used when the rate of inflation increases at more than 50% a month. Typically, hyperinflation is triggered by a very quick growth in the money supply. This could be caused by a government printing money to pay for its spending or what’s known as demand-pull inflation.
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