Cost-push inflation.
If there is an increase in the costs of firms, then businesses will pass this on to consumers. There will be a shift to the left in the AS.
Devaluation.
A devaluation leads to a decline in the value of a currency making exports more competitive and imports more expensive.
Generally, a devaluation is likely to contribute to inflationary pressures because of higher import prices and rising demand for exports. However, the overall impact depends on the state of the economy and other factors affecting inflation.
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