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

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.


Listen to Australian and world news, and follow trending topics with SBS News Podcasts.


Share

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world