What is another word for cost-push inflation?

Pronunciation: [kˈɒstpˈʊʃ ɪnflˈe͡ɪʃən] (IPA)

Cost-push inflation refers to a type of inflation caused by an increase in production costs or a decrease in the supply of goods and services. Synonyms for cost-push inflation include supply-side inflation, input price inflation, and price-wage spiral. Supply-side inflation refers to the increase in prices caused by a decrease in supply, while input price inflation refers to the increase in production costs due to rising prices of inputs such as labor and raw materials. The price-wage spiral describes a situation where rising wages lead to rising prices, which in turn lead to demands for higher wages, thus creating a cycle of inflation. Understanding these synonyms can help individuals better comprehend the complexity of inflation and its drivers.

What are the hypernyms for Cost-push inflation?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Word of the Day

Middle Class Populations
The antonyms for the term "Middle Class Populations" are "extreme poverty populations" and "wealthy high-class populations." Extreme poverty populations refer to people who suffer ...