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What is Stagflation? Is Australia heading there? | ABC News
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The world's economies are battling with increased demand and higher energy prices at the same time global supply chains are severely disrupted.
There are fears that the conditions are similar to stagflation of the 1970s.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
There are fears that the conditions are similar to stagflation of the 1970s.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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