Persistently rising general price levels brought about by rising input costs. In general, there are three factors that could contribute to cost-push inflation: rising wages, increases in corporate taxes, and imported inflation (when imported raw or partly-finished goods become more expensive, often as a result of currency depreciation). For inflation to be cost-push in nature, increases in input prices must affect a large proportion of the country's producers, so as to be able to push up the general price level.
Related information about cost-push inflation:
- Cost-push inflation - Wikipedia, the free encyclopedia
Cost-push inflation is a type of inflation caused by substantial increases in the cost of important goods or services where no suitable alternative is available.
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A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
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The terms cost-push inflation and demand-pull inflation are associated with Keynesian Economics. Without going into a primer on Keynesian Economics (a good ...
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Definition of cost-push inflation: Persistently rising general price levels brought about by rising input costs. In general, there are three factors that could contribute ...
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Inflation caused by rising prices, usually from increased raw material or labor costs that push up the costs of production. Related: Demand-pull inflation.
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How an oil shock can slow the economy while causing inflation.
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Revision note on cost push inflation. ... Cost push inflation occurs when firms increase prices to maintain or protect profit margins after experiencing a rise in their ...