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Period inflation refers to the increase in prices of goods and services over a specific period, typically measured annually. It reflects the rate at which the general price level rises, eroding purchasing power. Economists track period inflation using various indexes, such as the Consumer Price Index (CPI) and the Producer Price Index (PPI), to assess economic health and inform policy decisions. High period inflation can lead to decreased consumer spending and economic instability.

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1mo ago

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Related Questions

What is lost during a period of inflation?

Dignity


Best describes a period of inflation?

A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.


Which best describes a period of inflation?

A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.


Which economic term describes a period of slow economic growth that also has inflation?

Recession


What is a period of rising prices called?

inflation


During which of these time periods was there a period of inflation?

1982 to 1984


In a period of inflation there are too many goods and not enough money?

false


How do you calculate the average inflation rate?

To calculate the average inflation rate, you would add up the inflation rates for each year and then divide by the total number of years. This will give you the average inflation rate over the specified time period.


Q: What is inflation?

Inflation is the rate of increase in prices over a given period of time.


What does the term Stagflation referred to?

a period of high inflation and slow economic growth


During inflation period tax rates should be increased or decreased?

increased


How does inflation affect investment?

The inflation affects the investment indirectly when read with the return. Example if an investment provides a return of 6%, and the inflation during the same period is 5%, the investment in real terms increases only by 1% and not by 6%, as inflation eats away returns to the tune of 5%.