Reflections on Inflation: how bad has it been?

THE increase in prices that countries have experienced since March 2022 has brought old fears about the deleterious impact of inflation. It is true that prices increased after the Russian invasion of Ukraine and this affected a series of commodities that are imported. Yet, it is important to underst...

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Bibliographic Details
Main Author: Felipe, Jesus
Format: text
Published: Animo Repository 2023
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/res_aki/167
https://animorepository.dlsu.edu.ph/context/res_aki/article/1168/viewcontent/DLSU_AKI_Policy_Brief_2023_07_006.pdf
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Institution: De La Salle University
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Summary:THE increase in prices that countries have experienced since March 2022 has brought old fears about the deleterious impact of inflation. It is true that prices increased after the Russian invasion of Ukraine and this affected a series of commodities that are imported. Yet, it is important to understand how much prices have increased, the nature of inflation we have experienced, and the reaction of central banks.