On the rise of inflation in the world due to high prices for fuel and food, stated by the IMF

Евгения Комарова Economy
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According to a new report from the International Monetary Fund, high prices for fuel and food pose an inflation risk for all countries. The IMF warns of global consequences related to the ongoing rise in prices for these goods.

The study notes that the persistent high cost of energy and food could lead to inflationary processes worldwide. This is particularly linked to the consequences of the military operation by the United States and Israel in Iran.

The document emphasizes: “If energy and food prices remain high, it could trigger inflation on a global scale. Historically, high oil prices have contributed to rising inflation and slowed economic growth. Over time, increased transportation and production costs begin to affect the prices of industrial goods and services.”

IMF experts also point out that countries that have recently managed to stabilize inflation may face new challenges in the form of rising prices.

Additionally, the fund warns of a potential shortage of industrial materials, including helium exports from the Persian Gulf and nickel from Indonesia.

On February 28, the United States and Israel launched a joint military operation against Iran. As a result of airstrikes, Iranian oil and gas infrastructure was destroyed, and high-ranking Iranian officials, including Supreme Leader Ayatollah Ali Khamenei, were killed. In response, Iran began attacking targets across the Middle East.
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