Stagflation: What is it and why is it a big deal now?

Updated: Jun 22, 2022, 10:22 AM(IST) Nikhil Pandey , WION Video Team

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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