CPM, which stands for Cost-Per-Mille (Mille is Latin for âthousandâ), is when the price is based on 1,000 impressions.
What causes inflation is also a key argument in economic theory. Some economists believe that there are different types of inflation â cost-push and demand-pull inflation. Cost-push inflation is supposed to be a type of inflation caused by rising prices in goods or services with no suitable alternatives. An oft-cited example of this inflation is the oil crisis of the 1970s.
Now let's discuss each type of inflation one by one. The types of inflation based on coverage or scope: Image credits Â© Gaurav Akrani. Comprehensive Inflation: When the prices of all commodities rise in the entire economy, it is known as Comprehensive Inflation. Economy-Wide Inflation is its another name. Sporadic Inflation: Time when prices of only a few commodities in some regions (areas) rise, it is called Sporadic Inflation.