cost-push

cost-push

(kôst′po͝osh′)
n.
Inflation in which increased production costs, as from higher wages, tend to drive prices up.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in periodicals archive ?
Higher loan-repayment rates means further cost-push inflation.
This won't be a demand-pull inflation but a cost-push one.
Uwaleke recalled that the monthly reports by the National Bureau of Statistics (NBS) had shown that inflation in Nigeria, against the backdrop of low economic activities, was more of the cost-push type than demand-pull.
KARACHI -- Industry leaders on Friday strongly opposed the possible withdrawal of the 5th Schedule of Customs Act fearing it would not only render domestic industry uncompetitive but also unleash fresh wave of cost-push inflation in the country.
These threats, however, are all driven by the so-called cost-push forces, meaning they are in the supply side of the economy, thereby best addressed by nonmonetary policy measures-such as the recently passed rice tariffication law.
Meanwhile, inflation continued to increase, mainly due to cost-push factors and some persistence in underlying demand pressures.
The downward pressure on the rupee as well as cost-push inflation will drive inflationary pressure and increase the cost of construction materials, although the increase may be limited as prices have increased significantly in 2018, according to the first issue of AIIB publication: 'Asian Infrastructure Finance 2019: Bridging Borders: Infrastructure to Connect Asia and Beyond'.
According to Mapa, the 2018 inflation zoomed well-past BSP's inflation target as a confluence of bad weather, disrupted supply chains, currency depreciation and tax reform fomented cost-push inflation.
WHAT economic phenomenon may be cost-push or demandpull?
Espenilla said the "unfortunate confluence of cost-push factors" pulled consumer prices higher.
also urged government policy makers to use 'more decisive nonmonetary measures' to fully address inflation that were rooted in 'cost-push factors,' and rice supply in particular.
HE argued that the increase in P.O.L prices would have multiplier affect on trade and industry and economic activities as it would further spur cost-push inflation; increase cost of transportation of raw material and consumer goods; inflate cost of production etc.