217k views
4 votes
What does inflation mean?

User Danyx
by
7.0k points

2 Answers

3 votes
Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling
User Seedy
by
6.9k points
5 votes
Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling
User Seand
by
8.2k points