You could study various subsidy regimes during the COVID-19 pandemic to answer this question. Some regimes subsidized resouces like energy, whereas other regimes provided something like an universal basic income (ubi) to small businesses/freelancers who were unable to serve their customers during lockdown. Austria was on the ubi side and we had huge problems with Inflation afterwards
I don't know whether you can tie that inflation to ubi-like measures(alone). The whole world suffered high inflation, not in the least because of the global disruption of the supply chain.
