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Economics

Study Notes

Inflation - Measuring Inflation

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

What is inflation?

Inflation is a sustained increase in the cost of living or the general price level leading to a fall in the purchasing power of money

Revision Video - Measuring Inflation
Inflation rate: Percentage change year on year of the Consumer Price Index (CPI) in the United Kingdom (UK) from 2000 to 2017

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