Cost push inflation,
Definition of Cost push inflation:
Sustained increase in price of goods and services, caused by the passing off increased production costs to the consumers by the producers. Also called cost inflation, it is the opposite of demand pull inflation.
How to use Cost push inflation in a sentence?
- I was hearing about cost push inflation from the manager and that made me upset because I could barely afford things now.
- The cost push inflation was relevant and it was deemed necessary to include in the report to be presented to management.
- There can be a strong cost push inflation on certain products and you need to know how to deal with it properly.
Meaning of Cost push inflation & Cost push inflation Definition