cost-push inflation

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

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

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。

Sense（1）

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