Rising global inflation has become a hot topic of discussion among economists and governments around the world. High inflation rates can affect people’s purchasing power and overall economic stability. To understand the causes of this phenomenon, we need to look at several key factors that have a significant impact. First, one of the main causes of global inflation is supply chain disruption. The COVID-19 pandemic has resulted in many factories closing and deliveries of raw materials being hampered. This instability leads to shortages of goods in the market, which in turn causes prices of essential goods to increase. When demand remains high while supply decreases, this creates strong inflationary pressures. Second, rising energy prices also play a big role in global inflation. Geopolitical tensions, such as conflict in Eastern Europe and uncertainty in the Middle East, are causing oil and gas prices to surge. Energy is a vital component in the production of goods and services, so increases in energy prices have a direct impact on production costs and selling prices. Furthermore, the economic stimulus programs implemented by many countries to overcome the economic impact of the pandemic also contributed. Printing large amounts of money and providing direct assistance to individuals and companies increases liquidity in the market. Although this aims to restore the economy, an increase in the amount of money without production growth can cause inflation. Dependence on imported goods also contributes to inflation. Countries that rely heavily on imports to meet their consumption needs will feel the direct impact of global price fluctuations. Tariff increases and supply disruptions can increase the cost of imported goods, which is ultimately passed on to consumers. In addition, extreme climate factors and unpredictable weather changes can also affect agricultural production. Floods, droughts and other natural disasters disrupt agricultural output and cause food prices to soar. Food is one category that is particularly sensitive to price changes, and spikes in food costs can worsen inflation rates. Tight labor market conditions can be another factor causing inflation. With low unemployment rates in many countries, wages are likely to increase. These wage increases, while positive for workers, can increase costs for companies, which can force them to raise product prices to maintain profit margins. Another factor that needs to be considered is consumer behavior. After the lockdown period, many consumers have saved more and are ready to spend their money. This sudden and strong demand could create pressure on supply, resulting in price spikes in various sectors. In summary, rising global inflation is the result of a combination of factors, including supply chain disruptions, rising energy prices, economic stimulus, dependence on imports, climate change, labor market conditions, and consumer behavior. Each of these factors is interrelated and complex, adding to the challenges for policy making to control inflation in the future.