The impact of global inflation on the economies of developing countries is a crucial issue that requires serious attention. Rising global inflation, due to factors such as the COVID-19 pandemic, energy crisis and supply chain disruptions, is having a significant impact on countries with more fragile economies. First of all, global inflation often causes an increase in the prices of goods and services in the domestic market. Developing countries that rely on imports for basic needs, such as food and energy, are experiencing immediate pressure. This price increase has an impact on reducing people’s purchasing power, which in turn triggers an increase in poverty rates. For example, soaring food prices make it difficult for many families to meet basic needs, thereby disrupting social and political stability. Second, exchange rate fluctuations are also a major concern. As global inflation rises, many investors turn to more stable assets, such as the US dollar. As a result, developing country currencies may depreciate, increasing the cost of external debt. This situation is detrimental to the government which already relies on debt for investment and infrastructure development, exacerbating the struggling economy. Furthermore, global inflation also affects foreign investment flows. The uncertainty created by inflation can make investors hesitant to invest in developing countries. As labor and domestic resources become more expensive, the attractiveness of investment diminishes, hindering the economic growth needed to build capacity and infrastructure. In the industrial sector, global inflation triggers an increase in production costs. Manufacturers in developing countries, who often already operate on thin profit margins, must face additional challenges in the form of rising raw material costs. As a result, many businesses are forced to raise prices, which can reduce consumer demand. In the long term, this could result in the closure of small businesses, harming jobs and community livelihoods. On the other hand, high inflation can also encourage tighter monetary policy. Central banks in developing countries may be forced to raise interest rates to control inflation. While this can help stabilize prices, higher interest rates result in more expensive borrowing costs for businesses and individuals, slowing overall economic growth. The vulnerability of the social sector is also increasing. Developing countries often have weak social safety nets. With inflation skyrocketing, the government may not have enough resources to provide the necessary assistance. This can exacerbate social injustice and increase tensions in society. Taking all these impacts into account, it is important for developing countries to develop effective mitigation strategies. Economic diversification, increasing the resilience of the agricultural system, and building more stable trade relations are strategic steps that need to be taken. Engagement with international institutions for technical and financial support is also crucial. By understanding the impact of global inflation in depth, developing countries can anticipate existing challenges, formulate appropriate policies, and protect their economies from adverse fluctuations. This will not only help achieve economic stability, but also support sustainable and inclusive development.