Inflation pressures refer to economic conditions that are likely to cause an increase in prices for goods and services. This can be due to various factors such as a rise in production costs, increased demand for certain products or services, or an expansionary monetary policy by the central bank. When inflation pressures are high, it becomes more challenging for businesses to maintain stable pricing, which may result in higher prices being passed on to consumers. Inflation pressures can also impact interest rates and economic growth, as well as affect consumer purchasing behavior and investment decisions.