Global inflation has become one of the main challenges faced by developing country economies. When inflation rises, these countries often feel the impact to a much greater extent than developed countries. Appropriate preventative and response measures are needed to avoid a deeper economic crisis. One of the most obvious impacts of global inflation is the increase in prices of goods and services. Developing countries often depend on imports of energy and raw materials. As global commodity prices rise, these countries are forced to face higher costs, which in turn can worsen the balance of payments. These rising costs also affect the purchasing power of local consumers, which is often not offset by rising incomes. Additionally, inflation can exacerbate economic instability. Developing countries tend to have more fragile economic structures, and high inflation can lead to greater uncertainty. Investors may become reluctant to make long-term investments, worried about the value of their investments being eroded by inflation. This could lead to a reduction in foreign investment, which is critical for economic growth. Rising interest rates are also a common response to high inflation. Central banks often raise interest rates to suppress inflation. In developing countries, where borrowing costs are already high, rising interest rates could slow the growth of some economic sectors, such as real estate and construction. These sectors rely heavily on affordable financing. Global inflation can also cause social instability. When prices of basic goods, such as food and fuel, soar, this can trigger protests and dissatisfaction among the public. Developing countries often have weak social safety nets, leaving vulnerable segments more affected by price spikes. On the other hand, there are several developing countries whose main export products are commodities. For these countries, global inflation pushing commodity prices higher could be a blessing. Revenue from exports increases, creating opportunities for investment in infrastructure and public services. However, dependence on fluctuating commodity prices can create economic policies that are unstable and easily affected by external shocks. Increasing inequality is another risk of inflation. Price increases often impact people on fixed incomes, increasing the gap between rich and poor. Low-income families face greater difficulty obtaining the goods and services they need, resulting in increased social dissatisfaction. Therefore, it is important for developing country governments to implement policies that are adaptive and responsive to global inflation. Careful budgeting, economic diversification, and strengthening social safety nets can help mitigate the impact of rising prices. Apart from that, international cooperation to moderate global price fluctuations is also an important key in overcoming this challenge. Global inflation provides valuable lessons for developing countries about the importance of economic resilience. While opportunities can arise from price spikes, the risks and challenges faced are much more significant. The right policies are needed to build a sustainable and inclusive economy, for a better future.