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Economy Matters
3 mins to read
1

War, commodity prices and inflation - the perfect storm

ANALYSIS: How will war affect cost of living when central banks have already lost control of inflation?

John McDermott Tue, 01 Mar 2022

One of the first economic consequences of Putin’s war on Ukraine has been a sharp increase in commodity prices. Unsurprisingly, the price of natural gas and oil has jumped. But so has the price of wheat and some crucial metals. Russia and Ukraine grow a large portion of the world’s wheat and

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John McDermott Tue, 01 Mar 2022
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Economy Matters John McDermott Russia-Ukraine war Economy commodities
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