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Is inflation coming now?

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ifo Institut

Published on Dec 20, 2021

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Prof. em. Dr. Dr. hc mult. Hans-Werner Sinn, President aD of the ifo Institute December 13, 2021 https://www.ifo.de/vortrag/2021/weihn... Many economists say that the prices that have been rising for some time are due to special effects such as supply chain problems or catch-up effects caused by the pandemic. Inflation rates will fall again in 2022. However, numerous indicators tell a different story. The increase is the highest in 50 years, when the first oil price shock shook the world. The current increase could be the beginning of a sustained stagflation. What factors are driving developments today and in the future? What options does the ECB have to counteract this? ifo Institute - Leibniz Institute for Economic Research at the University of Munich eV

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