Global inflation is an economic phenomenon that affects the entire world with a significant impact on various aspects of life. The causes of inflation are very diverse and often interrelated. One of the main causes is the surge in prices of goods and services. When demand exceeds supply, prices will rise, triggering inflation. For example, increased consumption after the COVID-19 pandemic caused a surge in demand that was not matched by supply, resulting in prices increasing. Rising energy prices, such as oil and gas, also contribute greatly to global inflation. Geopolitical tensions, such as conflicts in the Middle East, often affect oil production. When energy prices rise, the costs of transporting and producing goods also increase, which will impact the prices of other goods and services. Loose monetary policies from central banks around the world are also a cause of inflation. to support post-pandemic economic recovery, central banks are printing large amounts of money. This increases the amount of money circulating in the market, triggering price increases if not matched by increased production of goods and services. The global supply chain crisis, caused by lockdowns and travel restrictions, is causing shortages of goods. When goods become scarce and demand remains high, prices tend to increase. Product variations, such as a lack of semiconductors for electronics, show how the supply chain crisis is affecting inflation. The impact of global inflation is very large and covers many aspects. Directly, inflation reduces people’s purchasing power. When the prices of goods and services increase, people need more money to buy the same goods, creating pressure on household budgets. Medium, high inflation can trigger economic instability. Investors tend to be hesitant to invest in a high inflation environment, which can slow economic growth. Certain sectors are more vulnerable to inflation, such as the food and energy industries. When food prices rise, low-income communities will feel the brunt of the impact, increasing social inequality. Additionally, inflation affects interest rates. Central banks may raise interest rates to curb inflation, potentially increasing borrowing costs for individuals and companies. Global inflation also has an impact on currency exchange rates. If one country’s inflation is higher than another country’s, its currency tends to weaken. This has an impact on international trade and economic stability. Governments and central banks in various countries have responded to global inflation with various policies, ranging from interest rates to fiscal policy. However, striking a balance between encouraging economic growth and containing inflation is a complex challenge. Society’s adaptation to inflation is also important; consumers may need to adjust shopping patterns, while companies try to maintain profits without compromising product quality. Meanwhile, inflation also has the potential to encourage innovation. To address rising costs, companies may look for ways to increase efficiency, such as the adoption of new technology. Effective inflation control can be the key to achieving sustainable and stable growth.