global inflationary pressures

Language: en

📖 Definitions

  1. Economic conditions characterized by a widespread and sustained increase in the general price level of goods and services across multiple countries, often driven by factors such as supply chain disruptions, high demand, or monetary policy.; The force or tendency for prices to rise worldwide, creating economic challenges for consumers and policymakers alike.

💬 Examples

  1. Central banks are closely monitoring global inflationary pressures to determine whether interest rate hikes are necessary.

  2. Economists warn that these supply constraints could exacerbate global inflationary pressures.