What does cost-pull inflation mean?

Definitions for cost-pull inflation
cost-pull in·fla·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word cost-pull inflation.

Princeton's WordNet

  1. cost-pull inflationnoun

    inflation caused by an increase in the costs of production

ChatGPT

  1. cost-pull inflation

    Cost-pull inflation is an economic concept where overall price levels increase due to rising costs of production or raw materials. These increased costs may be due to various factors such as increased wages, higher raw material prices, or a decline in productivity. The companies typically pass on the increased costs to consumers in the form of higher prices, leading to a general rise in the price level. Hence, this inflation is driven by the supply side factors, rather than demand.

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Numerology

  1. Chaldean Numerology

    The numerical value of cost-pull inflation in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of cost-pull inflation in Pythagorean Numerology is: 2

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"cost-pull inflation." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/cost-pull+inflation>.

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