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Search results- English - English

Keyword:

cost-push

cost-push inflation

Noun

uncountable

(economics) Inflation caused by substantial increases in the cost of goods or services where no suitable alternative is available.

Japanese Meaning

商品やサービスの生産・提供に係るコストが大幅に上昇した結果、そのコスト増加分が価格に転嫁され、物価全体が上昇する現象

What is this buttons?

The sudden rise in oil prices triggered cost-push inflation that eroded household purchasing power.

Google Translation / DeepL Translation

原油価格の急騰が生産コストの上昇によるインフレを引き起こし、家計の購買力を蝕んだ。

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