There are a number of factors that can contribute to rising global inflation, including increases in the cost of raw materials and energy, changes in monetary policy, and increases in demand for goods and services. Inflation is a measure of how much prices for goods and services are increasing over time, and it is typically measured by looking at the rate of change in a basket of commonly-purchased goods and services. When the overall level of prices in an economy is rising, it means that the purchasing power of money is declining, and people need more money to buy the same goods and services. Rising inflation can be a concern for governments and central banks, as it can lead to increased uncertainty and volatility in financial markets.

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