Why are prices going up?

Inflation is one of the current phenomena that has a lot to do with the rise in the prices of products and services, this is how the population around the world usually does not fully satisfy their needs, because they do not have enough money. to purchase food and services.

After covid-19, the world had a downturn in the economy, and this pandemic was not enough, the different international conflicts also greatly affected many countries. The result of all this was a rise in interest rates, this is the reason why many products and services around the world raised their prices.

It may take a long time for the global economy to stabilize, so inflation will continue to affect us for many years.