What is Inflation?
Inflation refers to the increase in prices of any goods and services, whether essential such as food, clothing, housing rent, property (apartments, land) prices, transport (cabs, buses, trains), or non-essential such as cosmetics, jewellery, cars, etc.
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Now you know that inflation has a direct impact on the economy of a country.
To learn about Economy, click here.
Citations :
Skillioma (October 12, 2024) What is Inflation?. Retrieved from https://repo.skillioma.com/what-is-inflation/.
"What is Inflation?." Skillioma - October 12, 2024, https://repo.skillioma.com/what-is-inflation/
"What is Inflation?." Skillioma - Accessed October 12, 2024. https://repo.skillioma.com/what-is-inflation/
Skillioma May 14, 2024 What is Inflation?., viewed October 12, 2024,<https://repo.skillioma.com/what-is-inflation/>
Skillioma - What is Inflation?. [Internet]. [Accessed October 12, 2024]. Available from: https://repo.skillioma.com/what-is-inflation/
"What is Inflation?." Skillioma [Online]. Available: https://repo.skillioma.com/what-is-inflation/. [Accessed: October 12, 2024]
Power Words :
- Inflation
- Commute
- Vicious
- Cascading effect
- Interest rate
- Price index
- Occurrence
- Soared
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