Global inflation is an economic phenomenon that has a significant impact, especially on developing countries. When inflation rises at a global level, countries with more vulnerable economies tend to feel the effects much more sharply. One of the main impacts of global inflation is an increase in the prices of goods and services which is very detrimental to people’s purchasing power. First, global inflation tends to lead to increases in prices of basic commodities such as food, energy and industrial raw materials. Developing countries, which often depend on imports of these commodities, experience soaring costs that lead to domestic inflation. Rising food prices, for example, directly affect people’s welfare, especially for low-income groups who spend a large proportion of their income on basic needs. Second, global inflation influences the monetary policy of developing countries. To respond to domestic inflation, central banks may be forced to raise interest rates. This increase in interest rates can slow down economic growth because it affects loans, investment and consumption. For example, the small and medium business sector is particularly affected, as they usually rely on loans to grow. Third, the impact of global inflation is on currency exchange rates. When inflation in other countries increases, investors tend to look for safer assets, such as the US dollar. This can lead to depreciation of developing country currencies. This depreciation, in turn, makes imports more expensive and worsens domestic inflation. The relationship between exchange rates and inflation is very influential, especially for countries that have foreign debt in foreign currency. Furthermore, global inflation causes uncertainty in financial markets. This uncertainty hampers the flow of foreign direct investment (FDI) to developing countries. Investors tend to avoid investing in countries facing high inflation and economic uncertainty, thereby harming the country’s long-term growth potential. With the increasing cost of living and reducing people’s purchasing power, the social sector is affected. The government may need to spend more on subsidies and social programs to help vulnerable groups, meaning less resources for infrastructure development and other sectors. In addition, global inflation impacts international trade. Export-oriented developing countries may face challenges as their goods become less competitive compared to products from developed countries. This uncertainty in international markets can disrupt supply chains, causing more difficulties for local entrepreneurs. Lastly, the impact of global inflation on the economies of developing countries requires responsive policies from the government. The government needs to strengthen the economic and social policy framework to protect society from the negative impacts of inflation. International cooperation is also very important to overcome the challenges of global inflation and achieve sustainable economic stability. Overall, global inflation is a complex and multifaceted challenge for developing countries that needs to be faced with a planned and effective strategy.