Inflation: What's going on right now?
Demand is going up, supply is going down, and costs are rising. Everything that causes inflation is operating together.
Demand is going up, supply is going down, and costs are rising. Everything that causes inflation is operating together.
Wednesday 13 July 2022 | 2 minutes 20 seconds
Demand is going up, supply is going down, and costs are rising. Everything that causes inflation is operating together. In this short video, LSE’s Professor Nick Barr explains what's happening to cause prices to rise so drastically in 2022 — not just in the UK, but around the world. Catch up with more from this series, where LSE academics explore the inflation situation.