Inflation
Inflation is one of the major issue in the macroeconomics of the world. Most of the economy of the world are struggling from inflation issue as there is more gap occurring between the import and export the countries and first world .
There are many reasons behind the rapid increase in inflation trade of different economy in the world and one of the major issue is that of Ukraine and Russia war.
As we know Russia is the biggest importer of oil and specially natural gas to the whole world especially the superpowers like America and China.
So as the war we can between these countries the import of gas and petroleum from Russia Ban that cause to shortage of petroleum supply to the world and the fuel prices increases worldwide.
As a fuel prices increases the transportation cost increases and as well as the price of The goats in each and every sector of economy especially the tertiary sector of retailing increases that cause the heavy inflation injection in the macroeconomics of the world.
In the mean while the superpowers like America starting to print more money and injection of new money in their economy and as we know the many countries are trading in US dollars so the increase in money causes the inflation so that the third world countries like Pakistan and other developing countries face inflation issues and the prices behind to rises rapidly.
Solution.
Many economist are coming with their solution. Only solution of this inflation is that we have to maintain the peace and harmony between the countries so that the war will not happen and the imported export flow become more smooth show the fuel prices will come to there position and also that transportation cause decreases that will effect the inflation rate worldwide but we cannot get the same inflation rate as it was in 2021 but it can reduce too much level by maintaining peace in the world.