Cost-Push Inflation
This isn't as common as demand-pull inflation, because it only occurs when there is a shortage of supply combined with enough demand to allow the producer to raise prices. Wage inflation can contribute to cost-push inflation. This is usually caused by strong labor unions. A company with the ability to create a monopoly can also create cost-push inflation. That's because controls the supply of a good or service.
- Μέρος του λόγου: proper noun
- Κλάδος/Τομέας: Financial services
- Category: General Finance
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- rufaro9102
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(Harare, Zimbabwe)