Question

discuss the reason for price rise in detail​

Answer 1

Answer:

With regard to the factors contributing to the rise in the general price-level, one may mention that on the demand side the following factors have operated: rapid growth of population, increase in incomes, rising non-development expenditure of the government and increase in money supply.

Answer 2

Answer:

it has become a major economic problems

however moderate price rise along with economic stability is beneficial for the economy.