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Discussion Paper

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


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.

https://doi.org/10.17016/2380-7172.3232

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2023-01-13

Number: 2023-01-13