Inflation is galloping faster and faster.
In the United States, prices soared by 8.5% in March.
Unheard of since 1981. Europe is also caught up.
According to Eurostat, inflation accelerated to 7.5% in March.
An unprecedented level since the creation of the euro.
To combat the adverse effects on the economy of the health crisis, central banks have activated the printing press and flooded the markets with liquidity.
More recently, the war in Ukraine caused a spike in the prices of energy and many raw materials, further fueling the price waltz.
The conflict has also largely disrupted global production and supply chains.
As a result, inflation literally soared.
It eats away at household purchasing power and savings.
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