Global inflation has a significant impact on the economies of developing countries. First, inflation increases the cost of imports, which results in an increase in the prices of goods and services. Developing countries, which often depend on imported goods, experience price spikes that can trigger domestic inflation. This price adjustment not only burdens consumers, but also has the potential to suppress people’s purchasing power. Second, global inflation encourages central banks to increase interest rates. The aim of increasing interest rates is to control inflation, but this can slow down economic growth. In developing countries, where many companies depend on foreign loans, increasing interest rates can reduce investment. This situation creates a cycle in which economic growth slows, and unemployment increases. Third, inflation also affects currency exchange rates. When inflation increases in other countries, the exchange rate of a developing country’s currency may be devalued. This devaluation impacts the country’s ability to pay foreign debt, which is often expressed in strong currencies. As a result, countries trapped in global debt can experience a more severe financial crisis. Fourth, global inflation increases economic uncertainty, which can reduce foreign investment. Investors tend to be more careful in investing capital into markets that are considered risky. A decline in foreign direct investment can reduce productive capacity and innovation in developing countries, thereby slowing long-term economic growth. Furthermore, inflation can worsen poverty. Rising prices of basic goods, such as food and energy, directly impact low-income families. When their real incomes are eroded by inflation, many of them are forced to reduce spending on basic needs. This can worsen social and economic conditions, increasing social tensions in society. Another impact of global inflation is on the fiscal policies of developing countries. The government may need to increase subsidy to keep prices of basic goods affordable. However, increasing fiscal spending amidst limited revenues could lead to a larger budget deficit. If not managed well, this can result in an unsustainable debt cycle. Finally, developing countries must mitigate the negative impact of global inflation by increasing economic resilience. Economic diversification, increased productivity, and investment in infrastructure are essential to creating a stronger foundation. Adopting a prudent monetary policy and encouraging innovation will go a long way in overcoming this detrimental impact of inflation.