There are 3 main types of Inflation as described by the economist Robert Gordon which

are:
- Demand Pull Inflation: Caused by increase in aggregate demand. This increase is
caused by increased private and government spending.
- Cost Push Inflation: Is caused by a drop in aggregate supply which is caused by
increased prices of inputs. It is also called as Supply Shock Inflation.
- Built -in Inflation: Is caused by higher wages of workers. It is induced by Adaptive
expectations.

Administrative inflation - the inflation generated by "administratively operated prices;

Galloping inflation - inflation in the form of a spasmodic rise in prices;

Hyperinflation - inflation with very high rate of increase of the prices;

Inflation built in - characterised by an average level for the certain period of time;

The inflation of costs shown in a rise in prices for resources, manufacture factors owing
to what production costs and references, and with it and the prices for let out production
grow;
Imported inflation - the inflation caused by influence of external factors, for example
excessive inflow to the country of a foreign currency and increase of import prices;

The induced inflation - the inflation caused by influence of factors of the economic
nature, external factors;
Credit inflation - the inflation caused by excessive credit expansion; unforeseen inflation
- the rate of inflation which has appeared above expected for certain period;

Expected inflation - a prospective rate of inflation in the future period owing to action of
factors of the current period;

Open inflation - inflation at the expense of a rise in prices of consumer goods and
industrial resources;