The social media person at the Economist is bad at their jobs. The article goes into the nuances of the claim. The specific claims are Higher than expected in

The social media person at the Economist is bad at their jobs. The article goes into the nuances of the claim. The specific claims are Higher than expected inflation > new data showed that America’s consumer price inflation rose to 5.4% in June, well above economists’ expectations. On July 14th it was revealed that British inflation rose to 2.5% in June, which was also higher than forecast. The specific reason high inflation was not expected was because expected long term slump, which didn't happen > Not long ago economists tended to the view that the covid-19 pandemic would lead to a prolonged slump in the rich world. That view has not worn well > With unexpected growth has come an unexpected spurt of inflation