2021 United States inflation surge
                        
                            GPTKB entity
                        
                    
                Statements (28)
| Predicate | Object | 
|---|---|
| gptkbp:instanceOf | 
                                    
                                        
                                            gptkb:economic_crisis
                                        
                                         | 
                            
| gptkbp:affectedIndustry | 
                                    
                                        
                                            
                                            energy prices
                                        
                                        
                                         food prices automobile prices housing costs  | 
                            
| gptkbp:cause | 
                                    
                                        
                                            gptkb:economic_policy
                                        
                                         labor shortages increased consumer demand rising energy prices COVID-19 pandemic supply chain disruptions fiscal stimulus measures  | 
                            
| gptkbp:country | 
                                    
                                        
                                            gptkb:United_States
                                        
                                         | 
                            
| gptkbp:endDate | 
                                    
                                        
                                            
                                            2022
                                        
                                        
                                         | 
                            
| gptkbp:followedBy | 
                                    
                                        
                                            
                                            2022 United States inflation
                                        
                                        
                                         | 
                            
| gptkbp:governmentResponse | 
                                    
                                        
                                            
                                            Federal Reserve interest rate hikes
                                        
                                        
                                         reduction of asset purchases  | 
                            
| gptkbp:inflationRatePeak | 
                                    
                                        
                                            
                                            9.1%
                                        
                                        
                                         | 
                            
| gptkbp:inflationRatePeakDate | 
                                    
                                        
                                            
                                            June 2022
                                        
                                        
                                         | 
                            
| gptkbp:mediaCoverage | 
                                    
                                        
                                            
                                            widespread
                                        
                                        
                                         | 
                            
| gptkbp:notablePlace | 
                                    
                                        
                                            
                                            CPI rose 7% in 2021
                                        
                                        
                                         | 
                            
| gptkbp:precededBy | 
                                    
                                        
                                            
                                            2010s low inflation period
                                        
                                        
                                         | 
                            
| gptkbp:publicHealthConcern | 
                                    
                                        
                                            
                                            high
                                        
                                        
                                         | 
                            
| gptkbp:relatedEvent | 
                                    
                                        
                                            gptkb:COVID-19_pandemic
                                        
                                         2022 global inflation surge  | 
                            
| gptkbp:startDate | 
                                    
                                        
                                            
                                            2021
                                        
                                        
                                         | 
                            
| gptkbp:bfsParent | 
                                    
                                        
                                            gptkb:2021_in_the_United_States
                                        
                                         | 
                            
| gptkbp:bfsLayer | 
                                    
                                        
                                            
                                            8
                                        
                                        
                                         | 
                            
| https://www.w3.org/2000/01/rdf-schema#label | 
                                    
                                        
                                            
                                            2021 United States inflation surge
                                        
                                        
                                         |