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What is Understanding Inflation in South Africa about?

This document provides an overview of inflation, including its definition, measurement, and causes. It defines inflation as a continuous and considerable rise in prices in general. Inflation is measured using the Consumer Price Index (CPI) and other indicators like core inflation, the CPIX, and the Producer Price Index. There are two main causes of inflation - demand-pull inflation caused by too much spending, and cost-push (supply shock) inflation caused by increases in costs and decreases in productivity.

Author

bison3216

Language

EN