Rising food, energy and petrol prices contributed to booming inflation worldwide. Credit: Getty
Armed with billions of dollars in savings built up during the pandemic, consumers went on a spending splurge in 2022 as restrictions were lifted around the world, and international borders reopened. But supply couldn’t keep up with demand, and Russia’s invasion of Ukraine helped to nudge the inflation genie out of the bottle. This podcast takes a look at the year in finance - and explores what’s next.
Armed with billions of dollars in savings built up during the pandemic, consumers went on a spending splurge in 2022 as restrictions were lifted around the world, and international borders reopened. But supply couldn’t keep up with demand, and Russia’s invasion of Ukraine helped to nudge the inflation genie out of the bottle. This podcast takes a look at the year in finance - and explores what’s next.
Listen to Australian and Word news and follow trending topics with SBS News Podcasts