Global inflation and the perils of making forecasts - Moneycontrol

While economists and analysts have been calling for peak inflation for almost a year now, prices have kept going up rapidly, thanks to China’s zero-COVID policy, the Russia-Ukraine war, and chronic underinvestment in fossil fuels, being combined with re-openi…

As the Dutch proverb goes, It is hard to make predictions, especially about the future! Economists forecasts of inflation over the last few quarters bring this adage to mind. Given below is the actu… [+18374 chars]

full article...