Economic consequences of the crisis in Ukraine

Leonid Savin- Higher prices for commodities such as food and energy will lead to a further increase in inflation, which in turn will reduce the cost of income and put pressure on demand.

On March 15, 2022, the IMF published an article written by a group of authors stating that the impact will be carried out through three main channels. Firstly, higher prices for commodities such as food and energy will lead to a further increase in inflation, which in turn will reduce the cost of income and put pressure on demand.

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https://thealtworld.com/leonid_savin/economic-consequences-of-the-crisis-in-ukraine