Central banks have struggled for a decade with extreme measures as shock therapy to push inflation even close to typically targeted 2% levels, with very limited success. But Russia’s invasion of Ukraine in early 2022 triggered supply shocks for energy and food, which has caused a sharp and sudden inflation spike.

In this Nordea On Your Mind podcast, "Inflation – A revival we never wanted (Opens in new window) ," Johan Trocmé (Opens in new window) and Viktor Sonebäck (Opens in new window) remind us what inflation is, how it works, what drives it and why it is bad for the economy.

Listen and find out.

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Nordea On Your Mind (Opens in new window)  is the flagship publication of Nordea Investment Banking’s Thematics team, which produces research for large corporate and institutional clients. The research does not contain investment advice and typically covers topics of a strategic and long-term nature, which can affect corporate financial performance.

Top decision makers at Nordea’s large clients across the Nordic region receive Nordea On Your Mind around eight times per year. The publication’s themes vary widely, and many are selected from suggestions by clients. Examples of covered topics include artificial intelligence, wage inflation, M&A, e-commerce, income inequality, ESG, cybersecurity and corporate leverage.

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