{"id":138831,"date":"2023-06-05T18:56:28","date_gmt":"2023-06-05T13:26:28","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=138831"},"modified":"2023-06-05T18:56:29","modified_gmt":"2023-06-05T13:26:29","slug":"causes-of-inflation","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/causes-of-inflation\/","title":{"rendered":"CAUSES OF INFLATION: UPSC Daily Important Topic | 4 June 2023"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">CAUSES OF INFLATION.<\/h2>\n\n\n\n<p>\u2713 Demand-Pull Inflation :-<\/p>\n\n\n\n<p>This type of inflation is caused due to an increase in aggregate demand in the economy.<\/p>\n\n\n\n<p>\u2713Cost-Push Inflation<\/p>\n\n\n\n<p>This type of inflation is caused due to various reasons such as:<\/p>\n\n\n\n<p>\u2022 Increase in price of inputs<\/p>\n\n\n\n<p>\u2022 Hoarding and Speculation of commodities<\/p>\n\n\n\n<p>\u2022 Defective Supply chain<\/p>\n\n\n\n<p>\u2022 Increase in indirect taxes<\/p>\n\n\n\n<p>\u2022 Depreciation of Currency<\/p>\n\n\n\n<p>\u2022 Crude oil price fluctuation<\/p>\n\n\n\n<p>\u2022 Defective food supply chain<\/p>\n\n\n\n<p>\u2022 Low growth of Agricultural sector<\/p>\n\n\n\n<p>\u2022 Food Inflation<\/p>\n\n\n\n<p>\u2022 Interest rates increased by RBI<\/p>\n\n\n\n<p>\u2713 Built &#8211; in Inflation<\/p>\n\n\n\n<p>This type of inflation involves a high demand for wages by the workers which the firms address by increasing the cost of goods and services for the customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAUSES OF INFLATION. \u2713 Demand-Pull Inflation :- This type of inflation is caused due to an increase in aggregate demand in the economy. \u2713Cost-Push Inflation This type of inflation is caused due to various reasons such as: \u2022 Increase in price of inputs \u2022 Hoarding and Speculation of commodities \u2022 Defective Supply chain \u2022 Increase [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":138832,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1755],"tags":[1797],"class_list":["post-138831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-upsc-important-topics","tag-upsc-daily-important-topic"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/138831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=138831"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/138831\/revisions"}],"predecessor-version":[{"id":138833,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/138831\/revisions\/138833"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/138832"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=138831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=138831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=138831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}