Causes of cost push inflation
- Rising costs (prices) of fuel/ power/ energy.
- Depreciation / devaluation of the local currency against foreign currencies.
- Rising costs (prices) of imported in puts / raw materials.
- Rising wages / salaries.
- Rising tax levels.
- Increase in transport costs.
- Rising cost of advertising/ sales promotion.
- Increasing costs of borrowing / interest rate.
- Rising costs of rent /storage facilities.
CATEGORIES Economics
TAGS Dr. Bbosa Science
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