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22 May, 11:47

This type of inflation occurs when producers pay higher input cost

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  1. 22 May, 13:53
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    Cost-Push Inflation

    Explanation:

    As a result, the added costs of production are passed onto consumers in the form of higher prices for the finished goods. One of the signs of possible cost-push inflation can be seen in rising commodity prices such as oil and metals since they're major production inputs.
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