Inflation is the rate at which the value of a currency is falling and, consequently, the general level of prices for goods and services is rising. The inflation rate is the percentage at which a currency is devalued during a period.
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Inflation is the rate at which the value of a currency is falling and, consequently, the general level of prices for goods and services is rising. The inflation rate is the percentage at which a currency is devalued during a period.
Further Reading:
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