War and price: the cost of rising inflation
Almost daily, we hear news about a global slowdown and how the war in Ukraine is driving up prices at a pace not seen in decades.
According to the UN trade and development agency, UNCTAD, other forces are also fueling inflation, including supply disruptions triggered by the COVID-19 pandemic and severe weather that has decimated harvests.
In its latest podcast, the Geneva-based agency talks about inflation with economist Jeronim Capaldo of UNCTAD’s globalization and development strategies division.