As the value of money falls, the cost of living will rise and inflation is a % change in the cost of living over a period of time.
Inflation is measured through the Consumer Prices Index (CPI) or Retail Prices Index (RPI).
As the value of money falls, the cost of living will rise and inflation is a % change in the cost of living over a period of time.
Inflation is measured through the Consumer Prices Index (CPI) or Retail Prices Index (RPI).
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