Inflation rates have been rising all over the world, surprising many economists. While the rich world is paying higher prices for durable goods such as cars, in emerging markets soaring food prices are a greater worry. What is causing this unexpected bout of inflation, and will it last? 00:00 - What’s happening with inflation? 00:53 - What is inflation? 01:42 - Inflation rates are rising 02:47 - How much is too much inflation? 03:13 - Inflation in the rich world 05:19 - Inflation in emerging markets 06:04 - How to curb inflation 07:27 - Why you shouldn’t worry Find The Economist’s briefing on inflation: https://econ.st/3ofFxtJ Read about the world economy’s shortage problem: https://econ.st/3FurKpy How inflation is affecting emerging markets: https://econ.st/3AT8Eqp Is the world economy going back to the 1970s? https://econ.st/2WW1p2c The role used-car sales are having on US inflation: https://econ.st/3uoNUED Read our special report on global trade: https://econ.st/3BnDoQp Find The Economist’s most recent finance and economics coverage: https://econ.st/3mcfTTZ Sign up to The Economist’s daily newsletter to keep up to date with our latest stories: https://econ.st/3gJBH8D