Russia Producer Price Index (YoY) declined to -7.8% in March from previous -5.2% | FXStreet

The Iran war inflation shock could be larger than that of the Coronavirus pandemic. You think it’s overstretched? It’s not. At the worst moment of the pandemic aftermath, annual inflation rose to between 10% and 12% across major economies, while after the first month of the Iran war, it hovered around 3%.