What happened to the prices of goods and services during world war 1?

During World War I, prices of goods and services experienced significant inflation due to increased demand and supply chain disruptions. Governments financed the war through borrowing and printing money, which further contributed to rising prices. The combination of wartime scarcity and heightened consumer demand led to a sharp increase in the cost of living for many people. Additionally, rationing measures were implemented in various countries, affecting the availability and prices of essential goods.