Cost of living

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How emerging economies adjust to inflation

As inflation hits developed economies across the world, what is the experience in emerging economies such as Indonesia?

It is a myth that only price increases of household items cause inflation as consumer behaviour may also be a factor.

The idea of providing every person with guaranteed income can increase equality and raise living standards.

While there is some correlation, it is wrong to say supply chain kinks are a primary cause of inflation.

Factors that influence inflation and cost of living are varied but identifying genuine ones can help policymakers prioritise key solutions.