Beyond Transitory: Structural Drivers of Post-Pandemic Inflation in the UK
- DOI
- 10.2991/978-94-6463-888-2_93How to use a DOI?
- Keywords
- High Inflation; UK Economy; Post-Pandemic; Supply Chain Disruptions; Labour Market; Monetary Policy; Structural Reform; CPIH
- Abstract
This research investigates the persistent return of high inflation in the UK’s post-pandemic era, arguing that it stems from structural vulnerabilities rather than standard inflation theories. By analyzing quarterly CPIH data from 2015 to 2024, the study conducts a t-test analysis which reveals that post-pandemic inflation is significantly higher and more volatile. The findings indicate that this inflationary environment is not a result of demand overheating, but is driven by underlying supply-side constraints. The core drivers identified include persistent supply chain disruptions, fundamental shifts in the labour market, and compounded external shocks from events like the Russia-Ukraine conflict. The paper concludes that traditional monetary policies have limited effectiveness in addressing these structural imbalances. Therefore, it calls for a strategic shift towards coordinated structural reforms, particularly in energy and trade policy, to effectively manage inflation in the long term.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yangxin Wang AU - Deqing Ye AU - Yuxuan Zhang PY - 2025 DA - 2025/12/03 TI - Beyond Transitory: Structural Drivers of Post-Pandemic Inflation in the UK BT - Proceedings of the 2025 7th International Conference on Economic Management and Cultural Industry (ICEMCI 2025) PB - Atlantis Press SP - 954 EP - 960 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-888-2_93 DO - 10.2991/978-94-6463-888-2_93 ID - Wang2025 ER -