What happens when prices grow and the economy stagnates? | DW News
March 21, 2022
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5:39Now PlayingWhat happens when prices grow and the economy stagnates? | DW News
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as posted by the channelEven before the war, inflation was rising at the fastest rate in decades for many countries. That's also been the case here in Germany. New data out Monday showed producer prices surged by a record 26% in February. Energy costs have exploded since that data was gathered last month, setting the stage for even higher inflation going forward, or worse, stagflation. Some economists fear businesses will face a spiral of price hikes and lower economic growth.
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