Wage-push inflation- Financial Glossary.

                WAGE plays a important role in pushing inflation. For example, an increase in the amount of wage directly increases the cost of goods, which may leads to increase in the original price of the product. It can be considered as an direct effect on inflation. People who got increase a wage increase, tempts to spend higher. In other words, they demand more, without considering the price of other products. It may also leads to inflation, but in indirect way. This how wage push inflation works in an economy
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