Inflation: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
imported>Doug Williamson m (Amend spelling of Consumer Prices Index. Source: UK Office for National Statistics, 2013, "Users and uses of consumer price inflation statistics".) |
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The rate at which prices are rising. | The rate at which prices are rising. | ||
Usually measured in the UK by the | Usually measured in the UK by the Consumer Prices Index (CPI). | ||
Revision as of 09:57, 18 April 2014
1.
The rate at which prices are rising.
Usually measured in the UK by the Consumer Prices Index (CPI).
2.
A situation in which prices generally are rising.
This is the usual situation in most developed economies at most times.
Contrasted with the more unusual situation of Deflation, when prices generally are falling.
