Inflation explained

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