The impact of global inflation on the economies of developing countries is very significant and complex. Inflation in developed countries, such as the United States and European countries, has a direct effect on developing countries through various channels. First, rising prices of goods and services in developed countries put pressure on import costs in developing countries. When the costs of commodities such as energy and food rise, countries with a high dependence on imports feel the direct impact in the form of domestic inflation. Second, foreign investment flows are also influenced by global inflation. When inflation increases in developed countries, interest rates tend to rise to overcome these inflationary pressures. As a result, developing countries facing high interest rates in developed countries may experience a decline in foreign direct investment (FDI). This can hamper economic growth and infrastructure development, which in turn worsens domestic economic conditions. Furthermore, currency volatility becomes a more real issue. Global inflation can cause a strengthening of the US dollar, which affects local currency exchange rates in developing countries. When the local currency weakens, imported goods become more expensive, increasing domestic inflation. This is often accompanied by increased economic uncertainty, thereby reducing consumer and investor confidence. Another aspect that is worth paying attention to is the impact of inflation on social programs and community welfare. High inflation can undermine people’s purchasing power, especially in developing countries where the majority of the population has low incomes. Government aid and subsidy programs had to be cut, which further worsened people’s living conditions. In some cases, this situation can trigger social protests and political instability. From a business sector perspective, global inflation is pushing companies in developing countries to adapt to rising production costs. Some companies may be forced to increase the prices of their products, which could reduce consumer demand. The small and medium enterprise (SME) sector is often more vulnerable to global price fluctuations, considering that they usually do not have the resources and access to adequate capital to survive difficult economic situations. Lastly, monetary policies taken by developing countries are also influenced by global inflation trends. The central bank may implement tighter monetary policy to curb domestic inflation, which could impact economic growth. However, this action can be a double-edged sword; even though inflation can be suppressed, stunted economic growth can create long-term problems. With all the impacts, developing countries must be prepared to face the challenge of global inflation. This includes economic diversification, infrastructure development, and strengthening fiscal policy to reduce dependence on global conditions.