This question is about how to calculate inflation rate.

What are the three main causes of inflation?

By Zippia Team - Mar. 27, 2023

The three main causes of inflation are:

Rising costs of labor and materials.
Increased demand and decreased supply.
Higher wages in response to higher costs of living, which result in higher production costs and product prices, increasing the cost of living.

What are the three main causes of inflation?

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