IMF: Sharp Spikes in Food and Energy Prices Will Likely Become More Common

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Sharp spikes in food and energy prices will likely become more common, the International Monetary Fund (IMF) said, warning such crises drive inflation expectations higher for longer, worsen poverty and threaten economic stability.

IMF research recently released examined three decades of strategies used by governments to mitigate price surges, as well as a new economic model that accounts for the higher inflation experienced by poorer households, which spend a higher share of their budgets on daily necessities. 

Read the article, which is part of the World Economic Outlook report, October, 2026.

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