Cost-push inflation: Difference between revisions
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Inflation caused by an increase in costs for firms (for example, trade unions driving up wages), which in turn are passed on to consumers in the form of higher prices. | Inflation caused by an increase in costs for firms (for example, trade unions driving up wages), which in turn are passed on to consumers in the form of higher prices. | ||
== See also == | == See also == | ||
* [[Inflation]] | * [[Inflation]] | ||
Revision as of 14:02, 6 May 2016
Economics.
Inflation caused by an increase in costs for firms (for example, trade unions driving up wages), which in turn are passed on to consumers in the form of higher prices.
