Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Economic impact of inflation worldwide - statistics & facts
Soaring inflation rates have dominated the global economy in recent years, driven by effects of the COVID-19 pandemic and the Russian invasion of Ukraine in 2022. The high inflation rates have hit national economies, corporations, and individuals across the world hard. The world鈥檚 poorest, already struggling to make ends meet, have struggled to afford enough daily meals. Others, more well-off, have had to change or drop holiday plans completely. How has the recent peak in inflation rates impacted consumers, producers, and national economies worldwide?
