What Does The Inflation Rate Indicate?

What does the inflation rate (and changes to it) indicate?

  • For example, decreasing inflation rate in Egypt over the past years, what would that tell me?

  • Answer:

    Basically, inflation is the rate at which your country is getting expensive to live in. Changes in inflation indicate the change in the amount of money you would have to spend in order to maintain the same style of living that you currently do.

Rohit Shinde at Quora Visit the source

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