Why Do Inflation Rates Jump Out of Nowhere?

Inflation rates are like the speed at which prices go up. Sometimes they move slowly, but other times, things happen that make everything get more expensive all at once. For example, if a lot of people suddenly need something special, like gas or food, and there isn’t enough to go around, prices jump quickly, just like when you and your friends all want the same toy at the store and it becomes super expensive.