Across the globe central bankers and politicians alike have been taken by surprise by consumer price index (CPI) readings. Within a couple of months CPI forecasts have more than doubled and year-on-year price increases are now beyond 6 percent in the US, and 4.5 percent in Germany (beyond 4 percent in the Euro area). Central [...]

In 2022 we will (hopefully) not be focusing on COVID impacts anymore. That probably does not hold for third-world countries. These economies will most likely be battling COVID till the end of 2023. A positive GDP outcome is expected for 2021 and 2022 by the International Monetary Fund (IMF).  Supply and demand imbalances will continue [...]