Inflation

In economics, inflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage... Wikipedia

Articles tagged inflation

July 2nd 2022
If the economy needs sacrifices, it will be workers who are thrown to the wolves
June 30th 2022
UK firms tell Rishi Sunak: Time running out to save UK plc from perfect storm
June 29th 2022
Defence spending: Will the government break its promise?
June 28th 2022
No 10 to ditch defence spending manifesto pledge
Firms are driving up inflation - why doesn't Johnson talk to them about restraint?
Inflation could push English councils into bankruptcy, say leaders
June 27th 2022
Small and medium-sized firms struggling with ‘a hat-trick of hurt’
June 24th 2022
The government’s class war is impoverishing workers
Mick Lynch’s PR war is key to determining if rail strikes will succeed
June 23rd 2022
The chancellor’s position on lifting the state pension makes no sense