Demand pull inflation

Demand pull inflation,

Definition of Demand pull inflation:

  1. 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?

  1. You should know how demand pull inflation will affect your product and try to come up with a good solution.
  2. There was a really large demand pull inflation that happened and I was really shocked to see how it transpired.
  3. 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