As the global economy recovers from its COVID-induced lockdowns, there's been an uptick in inflation this year, particularly in the United States.
Global supply chains have been damaged and it's pushing higher costs into the system, says Rowan Relton.
Think of how the global semi-conductor shortage has contributed to a shortage of new cars and how that's seen the price of second-hand cars surge too.
Economists are arguing about the meaning of the inflation: is the inflation temporary or will it be longer-lasting?
