Cost-push inflation, also known as wage-push inflation, occurs when overall prices increase due to increases in the cost of wages and raw materials. Higher costs of production can decrease the ...
Thomas Barwick / Getty Images Wage push inflation is an overall rise in the cost of goods and services that results from a rise in wages. Employers must increase the prices they charge for goods ...
demand-pull inflation and cost-push inflation. When consumers have a lot of cash to throw around and an inclination to spend it, demand rises faster than supply and prices rise. This is demand ...
But there are generally three types of inflation: Demand-pull inflation. Cost-push inflation. Built-in inflation. Demand-pull inflation is characterized by excess demand in the market that supply ...