Inflation

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Revision as of 11:58, 18 April 2014 by imported>Doug Williamson (Changed See Also to Consumer Prices Index)
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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.


See also