{"id":61183,"date":"2021-11-12T08:02:34","date_gmt":"2021-11-12T08:02:34","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=61183"},"modified":"2021-11-12T08:02:35","modified_gmt":"2021-11-12T08:02:35","slug":"causes-of-inflation-upsc-daily-important-topic-12-october-2021","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/causes-of-inflation-upsc-daily-important-topic-12-october-2021\/","title":{"rendered":"CAUSES OF INFLATION: UPSC Daily Important Topic | 12 October 2021"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">CAUSES OF INFLATION<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Topic: Inflation<\/h3>\n\n\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\n\n<p>This type of inflation is caused due to various reasons such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Increase in price of inputs.<\/li><li>Hoarding and speculation of commodities.<\/li><li>Defective supply chain.<\/li><li>Increase in indirect taxes.<\/li><li>Depreciation of currency.<\/li><li>Crude Oil price fluctuation.<\/li><li>Defective food supply chain.<\/li><li>Low growth of agricultural sector.<\/li><li>Food inflation.<\/li><li>Interest rates increased by RBI.<\/li><\/ul>\n\n\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 Topic: Inflation This type of inflation is caused due to an increase in aggregate demand in the economy. This type of inflation is caused due to various reasons such as: Increase in price of inputs. Hoarding and speculation of commodities. Defective supply chain. Increase in indirect taxes. Depreciation of currency. Crude Oil [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":61184,"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-61183","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\/61183","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=61183"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/61183\/revisions"}],"predecessor-version":[{"id":61185,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/61183\/revisions\/61185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/61184"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=61183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=61183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=61183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}