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So 2022 nudged the inflation genie out of the bottle - what's next?

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Close-Up Of Genie Coming Out Of Bottle
Like a genie out of the bottle, inflation is on the loose Source: Getty / Violetta Haas

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 then Russia invaded Ukraine.

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By Ricardo Gonçalves

Source: SBS News

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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 then Russia invaded Ukraine.

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