Demand is going up, supply is going down, and costs are rising. Everything that causes inflation is operating together.

In this short video, Professor Nick Barr explains what's happening to cause prices to rise so drastically in 2022 — not just in the UK, but around the world. #LSEUKEconomy

🔴 Explore our dedicated hub showcasing LSE research and commentary on the state of the UK economy and its future: https://www.lse.ac.uk/Research/UK-eco...

🔴 See how our social science research and expertise is helping us tackle some of the most pressing issues facing us today: https://www.lse.ac.uk/rftw

🔴 Visit our "Understanding the UK Economy" playlist for more short videos explaining what’s causing inflation and how is it being tackled:    • Understanding the UK Economy  

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