Is inflation set to return?

As countries across the world roll out Covid-19 vaccines at varying rates, markets are grappling with the investment implications arising from the gradual re-opening of the global economy, and a recovery from the drastic slump recorded in 2020. This will impact different sectors in different ways, but one of the biggest over-arching questions right now is this: will inflation return as an issue for investors to worry about, potentially in a way not seen in a generation?