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NBER

NBER

The Drivers of Post-Pandemic Inflation

NBER
Summary
Nutrition label

83% Informative

Post-covid inflation was predominantly driven by unexpectedly strong demand forces, not only in the United States , but also in the Euro Area .

The inflationary impact of adverse supply shocks was less pronounced, even though these shocks significantly constrained economic activity.

With output already weakened by unfavourable supply conditions, any attempt by the European Central Bank to further mitigate the inflationary pressures would have severely hampered an already anaemic recovery.

VR Score

92

Informative language

99

Neutral language

68

Article tone

formal

Language

English

Language complexity

100

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links