Inflation and low growth - what is stagflation?

With a combination of forecasts expecting inflation to rise and growth being predicted as 0.7%, how will the UK economy fare in the wake of crises caused by the Iran war?

The World At One’s Sarah Montague and PM’s Evan Davis discuss what stagflation is and how it will affect day-to-day life in the UK.

Listen to the World At One and PM on BBC Radio 4 and BBC Sounds.