Its causes can vary, but rising prices in one particular sector doesn’t necessarily point to broad inflation. “The price of any particular good going up or down is not inflation,” says ...
The most common cause of cost-push inflation starts with an increase in the cost of production, which may be expected or unexpected. For example, the cost of raw materials or inventory used in ...
Another cause of inflation, wrote the IMF, are pressures on supply or demand of goods and services; it could mean a disruption in production, due to a natural disaster like flooding or wildfires ...
UK inflation has decreased for the first time in three months. According to the Office for National Statistics (ONS), which determines the inflation rate, prices increased 2.5 per cent in the year ...