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
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
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 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
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
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
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