The impact of global inflation on the economic growth of developing countries is a crucial issue that affects various aspects of people’s lives. Global inflation, which is often triggered by spikes in commodity prices, changes in monetary policy from major countries, and geopolitical factors, can have ripple effects in countries with more vulnerable economies. One of the main impacts of global inflation is the increase in raw material and energy costs. Developing countries that depend on imports of basic commodities will feel greater inflationary pressures when global prices of goods increase. This situation can hinder domestic production, because entrepreneurs have to spend more money to obtain the necessary components. As a result, the growth of the industrial sector will be suppressed, affecting job creation and people’s income. In addition, global inflation often leads to strengthening of developed countries’ currencies, which reduces the competitiveness of developing countries’ export products. When developed country currencies strengthen, goods from developing countries become more expensive for international consumers. This can cause a decrease in demand for export products, which has the potential to harm the economic growth of developing countries. Many countries that depend on international trade have had to make adjustments, which often triggers economic instability. High inflation also has an impact on monetary policy. Central banks in developing countries will usually raise interest rates to curb inflation, which can trigger an increase in borrowing costs. This increase in interest rates can slow down investment and consumption, two important pillars of economic growth. Low foreign investment could also occur due to increased uncertainty. Apart from economic aspects, global inflation has an impact on people’s daily lives. Rising prices of goods and services will reduce people’s purchasing power, triggering an increase in poverty and inequality. Many families will find it difficult to meet basic needs, such as food and education, which affects the quality of life and potential development of human resources in the country. The impact of global inflation is also closely related to fiscal policy. Developing countries often have to struggle to finance public budget needs amidst conditions of ravaging inflation. The government may be forced to cut social spending to balance the budget, increasing the burden on the people. In the long term, underinvestment in infrastructure and public services can hinder sustainable economic growth and development. Therefore, it is critical for developing countries to adopt effective mitigation strategies. Diversifying income sources, developing local agricultural sectors, and increasing investment in technology can help developing countries reduce dependence on global markets. Awareness of risks and the need for proactive policies will be key in facing the challenge of global inflation, ensuring stable and inclusive economic growth for all levels of society.