költségpush
Költségpush is a term used in Hungarian economic discourse to describe a process in which increases in production or input costs lead to higher consumer prices, contributing to inflation even when overall demand remains stable or weak. It is commonly associated with the broader concept of cost-push inflation, but the term is used more informally and often as a neologism in media and academic writing.
Etymology and usage: The word költségpush combines the Hungarian word költség (cost) with the English word push,
Mechanism: Cost pressures can arise from rising wages, higher energy or raw material prices, supply disruptions,
Context and policy responses: Cost-push episodes are often temporary but can be persistent if underlying cost
Relation to other concepts: Költségpush is closely related to cost-push inflation and is contrasted with demand-pull
See also: Cost-push inflation, wage-price spiral, supply chain, inflation expectations.