Drivers of Post-pandemic Inflation in Selected Advanced Economies and Implications for the Outlook

Danilo Cascaldi-Garcia, Musa Orak and Zina Saijid

No 2023-01-13, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: With the reopening of economies from strict COVID-19 lockdowns and the war-induced sharp increases in food, energy, and other commodity prices, headline inflation has surged globally, as shown for a few selected advanced economies by the black line in the left panel of figure 1. Core inflation (the dashed red line) has also risen sharply and has become increasingly persistent across these economies.

Date: 2023-01-13
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2023-01-13

DOI: 10.17016/2380-7172.3232

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