Demand pull inflation,
Definition of Demand pull inflation:
Sustained increase in the prices of goods and services resulting from a high demand, stimulated by easy credit and hire purchase offers accompanied by insufficient supplies. In general, more inflation is caused by demand-pull factors than by cost-push factors. Also called demand inflation, it is the opposite of cost push inflation.
How to use Demand pull inflation in a sentence?
- You should know how demand pull inflation will affect your product and try to come up with a good solution.
- There was a really large demand pull inflation that happened and I was really shocked to see how it transpired.
- You should try to figure out how demand pull inflation might have an effect on the economy and try to react as best you can.
Meaning of Demand pull inflation & Demand pull inflation Definition