UDC 338.27
DOI: 10.36871/ek.up.p.r.2021.11.03.038

Authors

Altelfah Rasha,
Sergey P. Koltchin,
Plekhanov Russian University of Economics, Moscow, Russia

Abstract

The COVID-19 pandemic has prompted many countries to implement social distancing, lock-downs and travel restrictions, bringing the global economy to an unprecedented collapse in peacetime. The article examines the impact of this collapse on the level of inflation in the global economy with some examples of countries in the world.

Keywords

coronavirus – inflation – European economy – sharp rise in prices – Central Bank.