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Topic: Will inflation in the world grow by 2023? - page 8. (Read 770 times)

full member
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Merit: 184
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.
newbie
Activity: 28
Merit: 2
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?
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