I want to show how inflation occurs in several countries that should be affected by the high commodity prices and the Russian invasion of Ukraine.
For comparison, I include Indonesia and the US.
Russia and Ukraine experience very high inflation, which is natural since they are both in conflict and many countries give Russia sanctions.
However, I noted that US inflation is also very high (the highest in the last 40 years) and Indonesia's inflation is also creeping in.
For comparison, I include Indonesia and the US.
Russia and Ukraine experience very high inflation, which is natural since they are both in conflict and many countries give Russia sanctions.
However, I noted that US inflation is also very high (the highest in the last 40 years) and Indonesia's inflation is also creeping in.
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