Inflation Following Russia Attack: Smartphones, Houses And Crude Oil To Become Expensive; Check Out Reasons
Russia's attack on Ukraine may give to inflation in several places across the world. If we talk about electronic gadgets like laptops and smartphones, these products will be affected as well as the houses and crude oil prices will shoot up. According to a report, 90% of semiconductor grade neon is supplied to the US from Ukraine and 35% of Palladium is supplied from Russia to America. Both of these products are very important in assembling chips or memory cards. Now, in such a situation of War, the supply may be stopped which can affect manufacturing and will cause global inflation in electronic gadgets. Japan has expressed concerns over this matter. Due to this war, oil, cement and many other items will become expensive. Meanwhile, realtors body CREDAI has said that housing pri...
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