Global inflation refers to the general increase in prices of goods and services that occurs in various countries at once. The impact of inflation is very significant on the world economy, affecting monetary policy, people’s purchasing power, and global economic growth. One of the main causes of global inflation is supply chain disruption, which has become more severe during the COVID-19 pandemic. When demand increases again, but the supply of goods does not fully recover, inflation occurs. One of the impacts of global inflation is an increase in interest rates applied by central banks in many countries. To tackle inflation, central banks such as the US Federal Reserve and the European Central Bank usually raise interest rates. This increase affects borrowing costs, which in turn affects investment and consumption. People and businesses stressed by higher borrowing burdens are likely to reduce spending, which could pull economic growth downward. Global inflation also has an impact on currency exchange rates. When inflation rises, the value of the currency tends to decrease, resulting in an increase in the price of imported goods. Countries that rely heavily on imports for goods and raw materials will feel a greater impact. This can cause stagflation, a situation where high inflation coincides with economic stagnation. In addition, global inflation has a major impact on people’s purchasing power. When prices of goods and services increase, real income tends to decrease. People on fixed incomes are very vulnerable to this condition, because they are unlikely to receive salary increases commensurate with inflation. This causes social dissatisfaction and can trigger political unrest in various countries. Economic uncertainty due to inflation also affects business and investor decisions. Companies may delay new investments due to concerns about rising operational costs. Investors, on the other hand, often move from stocks to more stable assets, such as gold or bonds, to avoid risk. This uncertainty can slow innovation and slow long-term economic development. Furthermore, global inflation also affects the distribution of wealth. Wealthier groups of people may be better able to protect their assets from inflation, while low-income groups tend to feel the negative impact more. This can exacerbate economic disparities and create wider inequities at the global level. With increasing attention to environmental issues, the impact of global inflation also extends to the energy sector. Rising energy prices could exacerbate inflation in other sectors, resulting in more expensive supply chains and pushing up the cost of goods. In this context, the transition to renewable energy sources must prioritize strategies to mitigate the effects of inflation while reducing dependence on fossil fuels. Overall, global inflation has a complex and broad impact on the world economy. Various countries, especially developing countries, must take proactive steps to overcome this challenge. Adaptive economic policies and a focus on innovation may be the key to navigating a world increasingly pressured by inflation.