Stagflation: What is it and why is it a big deal now?
Edited By WION Video Desk
Published: Jun 22, 2022, 04:52 IST | Updated: Jun 22, 2022, 04:52 IST
Globally, GDP is slowing due to supply-chain disruptions, and rising energy costs are driving inflation at a rate that hasn't been seen in decades. The crisis in Ukraine has heightened fears that the world may see something it hasn't seen in decades: stagflation
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