Inflation explained

Published: 15 May 2023
on channel: European Parliamentary Research Service
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5

Alongside the humanitarian tragedy of the war in Ukraine, Europe was hit by a substantial shock in import prices that severely dented the economic outlook and aggravated price increases. In particular, soaring energy prices pushed EU inflation to unprecedented levels not reached since the advent of the economic and monetary union.

📺 Learn more about inflation, its origins and outlook, with EPRS policy analyst Martin Höflmayr.

🔎 Dig deeper into the topic with our annual EPRS Economic and Budgetary Outlook study: https://www.europarl.europa.eu/thinkt...

📲 Find all our publications on our EPRS app:
• iOS: http://epyoutube.eu/q57W
• Android: http://epyoutube.eu/q57X

#economy #inflation

00:00 Intro
00:22 State of play
00:50 The causes
01:50 Addressing inflation
03:22 Wages
03:55 The outlook
04:27 Read more


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