Examine the causes of imported inflation in your country.
- Rising prices in international market
- High cost of transport
- Shortage of foreign exchange causes reduction in imports and scarcity of goods leads demand pull inflation
- Frequent devaluation. This leads to high costs of imports and import inflation.
- Increasing prices of petroleum product
- Devaluation of domestic currency
- Changes in foreign exchange
CATEGORIES Economics
TAGS Dr. Bbosa Science
