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I Know Middle East Crisis Will Spike Inflation, Affect Purchasing

By Modupe Gbadeyanka President Bola Tinubu on Sunday expressed concerns over the negative impact the crisis in the Middle East would have on the Nigerian economy. While addressing the Vice President, Mr Kashim Shettima, and 23 state governors who visited him in Lagos at the weekend, he said efforts are being made to ensure the […]

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Inflation may increase as a result of the war in the Middle East. This is according to Lars Calmfors, professor emeritus of international economics and researcher at IFN, who also says that a specific VAT reduction comes very timely. “I wouldn’t be surprised if inflation this year is 1 or 2 percentage points higher than previously thought,” he says.

·Stockholm, Sweden
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Dagens Nyheter. broke the news in Stockholm, Sweden on Sunday, March 22, 2026.
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