Is higher inflation cause for concern | The Economist

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As the world recovers from covid-19,it's now economies that are running hotter than predicted.

The economy is experiencing a very strong recovery.

We've brought this economy back from the brink.

But with growth,has come a surprising change.

Inflation soared to its highest level in over a decade in April.

The biggest month-over-month increase since Septemberget this2008.

The sharp increase in inflation blindsided many economists.

Almost no one saw it coming.

Inflation is the least predictable it's been for a long time,probably for decades.

But is this high inflation just a temporary blip or could it spiral out of control?

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