Inflation, the rate at which the general level of prices for goods and services is rising, is tracked using various methods, with the most common being through the calculation of price indices. Here we consider the question – how is inflation tracked? Consumer Price Index (CPI) The CPI is one of the most widely used […]
Despite hopes that it would decrease even lower, the rate at which prices are rising has marginally slowed down but still stands at a double-digit level. Food prices reached a 45-year high as a result of rising prices for bread, cereal, and chocolate. The Bank of England has raised interest rates 11 times in a […]
The UK, along with many other countries, has seen a sharp rise in prices recently. We took a look at what causes high inflation. What Is Inflation? Inflation is a measure of the rate at which the general level of prices for goods and services rise. And thus subsequently, purchasing power of consumers falls. Central […]
In our previous article, we took a look at the definition of inflation, and its different types. In our latest piece, we examine the causes of inflation. Demand-Pull Inflation “Demand-pull” inflation is one of the traditional causes of inflation. This occurs when a government or central bank boosts the money supply to stimulate the economy. […]
Inflation is one of the issues that is covered in the financial news the most. Someone appears almost daily warning that money printing will make us resemble Zimbabwe again. Individuals are now more concerned than ever since massive amounts of stimulus are being injected into economies around the globe to keep people and businesses viable […]
In the current economic climate, inflation has been a major issue for people with savings and investments, eroding a significant portion of their money’s purchasing value. You must grasp inflation and what it means for your financial planning in order to appropriately save and invest. We took a look at what inflation means for savings. […]