After the financial crisis hit, the pound devalued relative to the euro. The UK imports a lot. That seems to have kept inflation in the system. Recent VAT increases - notably on fuel - may be pushing the inflation rate up now.
because of aggregate demand
Look here http://en.wikipedia.org/wiki/Inflation#Causes
quantity theory: Theory that too much money in the economy causes inflation.
Inflation causes people to save on everything. This makes commerce to sell less. Selling less causes unemployment. Unemployment and low consumption cause recession. No inflation implies on high consumption which must be controlled as well, but is much better than inflation and recession.
answer the question people god
Consumers demand goods faster than they can be supplied. Apex.
Look here http://en.wikipedia.org/wiki/Inflation#Causes
Inflation of a ballon is what causes it to pop,which scares people
3.6132%
quantity theory: Theory that too much money in the economy causes inflation.
inflation andunemployment.
Demand Pull Inflation , where demand increased from supply
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Greed causes inflation; when someone raises prices, that causes someone else to raise their prices...then the next person raises theirs, then the next, the next...inflation.
Inflation causes people to save on everything. This makes commerce to sell less. Selling less causes unemployment. Unemployment and low consumption cause recession. No inflation implies on high consumption which must be controlled as well, but is much better than inflation and recession.
answer the question people god
The causes of inflation include the rise in the supply and demand of a product or service and an increase in wages/salaries.
Consumers demand goods faster than they can be supplied. Apex.