Zainab Jamal
Inflation rises when the federal sets too low of an interest rate or when growth of money supply increases too repidly. The increase in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more for the products. Due to inflation many of people are unemployed which effect the development of any country.on Monday, beating the expectation of the minister of finance four days ago had projected around 21% inflation in Pakistan.the most significant way to control the money supply in the economy if money supply does down, the demand for goods will reduce, causing the price fall.
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