Inflation is the increase in prices of goods and services in the economy
When inflation increases more money is needed to purchase the same goods and services resulting in a decrease in growth
Consumer Price Index (CPI) measures inflation by measuring the change in the price of a "market basket" of goods
Producer Price Index (PPI) also measures inflation through change in production prices of goods and services
High inflation prints central banks to increase interest rates
When inflation increases more money is needed to purchase the same goods and services resulting in a decrease in growth
Consumer Price Index (CPI) measures inflation by measuring the change in the price of a "market basket" of goods
Producer Price Index (PPI) also measures inflation through change in production prices of goods and services
High inflation prints central banks to increase interest rates
