When we are talking about inflation, I find it important to not just throw around theories and explanation, but to actually dig into the data. That’s why I spent some time recently and created this data visualization: Inflation Explorer / Simon Schmid / Observable
The notebook fetches data from Eurostat’s API (which is a bit painful to figure out but works reasonably well) and lets you look at it from different angles (inflation for particular goods and services across time or across countries). But the main element is the most interesting one: Using d3 force layout, it shows how inflation is distributed across the various items in the consumer price basket and which of these items actually drive it.
I’d be happy to hear your comments and suggestions!