The next inflation shock

Here's today's Big Take.

View in browser

Jan. 31, 2023

Shoppers in Suzhou enjoying the Lunar New Year without the restrictions that defined Beijing's Covid Zero policy for three years. Photographer: Qilai Shen/Bloomberg

Read the story This was supposed to be the year that central banks got inflation under control. Then China relaxed its Covid Zero policies, unlocking years of pent-up consumer demand — and making it a lot harder to fight rising prices worldwide.  Read The Big Take.

Listen to the podcast Is the next global price shock looming in China? Bloomberg chief economist Tom Orlik and senior Asia economics correspondent Enda Curran discuss what China's reopening means for prices at the grocery and for anyone just trying to make ends meet. Subscribe and listen on iHeart, Apple and Spotify.

Follow Us

Like getting this newsletter? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and subscriber-only insights. You received this message because you are subscribed to Bloomberg's The Big Take newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue, New York, NY 10022