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What is Inflation - Wikipedia about?

Inflation is the increase in the average price of goods and services, measured by indices like the consumer price index (CPI), leading to a decrease in purchasing power. It can result from various factors including changes in money supply and demand shocks, and while moderate inflation can have positive effects on the economy, high inflation can lead to negative consequences. Central banks typically aim to maintain low and stable inflation to promote economic stability and growth.

Author

cvivian2023

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EN