Global inflation has become a hot topic that affects many aspects of life around the world, especially in developing countries. Rising inflation leads to a number of significant economic impacts for already vulnerable countries. Uncertain commodity prices and soaring living costs mean people struggle to meet basic needs. One of the biggest impacts of global inflation is an increase in the prices of goods and services. Developing countries, which often depend on imports for essential goods, felt the immediate impact when international raw material prices soared. For example, rising energy and food prices can trigger higher inflation, suppressing people’s purchasing power which is directly related to daily living needs. In addition, inflation can influence monetary policy in developing countries. The central bank may be forced to raise interest rates to control inflation. However, this step is usually taken at the risk of slowing economic growth. Many developing countries have struggled to maintain their economic growth in light of the pandemic and a global crisis. Rising interest rates can lead to higher borrowing costs, the end of investment, and increased unemployment. In the midst of this instability, shifts in local currency exchange rates are also a serious problem. When global inflation occurs, foreign investors tend to withdraw their capital, causing currency depreciation in developing countries. This worsened the situation, as import costs increased, adding pressure to the country’s financial system. The agricultural sector in developing countries also feels a significant impact from inflation. The increase in fertilizer prices and distribution costs forces farmers to increase the prices of agricultural products, which in turn affects consumers. Sometimes, this impact can trigger social dissatisfaction, when people feel unable to fulfill their basic needs. Foreign direct investment (FDI) is often reconsidered amidst high inflation. Many investors prefer countries with greater economic stability, so developing countries have the potential to miss out on important investment opportunities. In the long term, this could have negative implications for infrastructure development and job creation. Another challenge arises when inflation disrupts social assistance programs. Many developing countries rely on government support to help vulnerable groups. However, when budgets are eroded by inflation, the government’s ability to provide such support becomes threatened. This makes society increasingly vulnerable in the midst of economic turmoil. On the positive side, global inflation can force developing countries to innovate and look for new ways of managing their economies. By encouraging economic diversification, these countries can be more resilient to future inflationary shocks. Efforts to increase local production and reduce dependence on imports could be a profitable strategic step. Proactive measures such as enabling exploration of green sectors, modern agricultural technology, and human resource development can help developing countries to deal with the impact of this inflation. Overall, the demand for flexible and adaptive solutions is becoming apparent in this era of global inflation.