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🌍How Global Inflation Forms and Its Causes?

📈Global inflation refers to a sustained increase in prices of goods and services worldwide. Here are the main causes of global inflation:
— Monetary policy: excess money supply can drive price increases.
— Rising commodity prices: higher oil, gas, and resource costs push up production expenses.
— Global supply chains: disruptions in logistics and production lead to price surges.

💡Why Does This Happen?
— Political and economic events, such as trade wars or pandemics, can exacerbate inflation globally.

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