Types of inflation: Inflation – ongoing rise

Inflation – ongoing rise in prices of goods and services, impacting money's purchasing power. Discover the causes, effects, and management strategies. There are different types of inflation – Hyperinflation, creeping inflation, cost-push inflation, demand-pull inflation, stagflation, etc. It is the steady rise of prices for goods and services over a period, and has many effects. Inflation is sometimes classified into three types demand-pull inflation, cost-push inflation & built-in inflation. Know all about Types of Inflation in Economics & its Causes & Effects for UPSC exam. Explore the main types of inflation including creeping, galloping, hyperinflation, stagflation, and deflation. Learn their impact on the economy with examples.