2 causes of inflation

1. Increase in demand: When demand for goods and services exceeds the available supply, prices tend to rise. This can happen due to factors such as economic growth, increased consumer confidence, or government stimulus measures that boost spending.

2. Cost-push inflation: This type of inflation occurs when the cost of production increases, leading to higher prices for goods and services. Factors that can contribute to cost-push inflation include rising wages, higher energy costs, or disruptions to the supply chain. When producers pass on these higher costs to consumers, it can lead to a general increase in prices across the economy.