Tag: What causes a higher rate of inflation

Inflation, its Types & Impacts

Inflation refers to the condition characterized by a large increase in the prices of goods and services. Inflation is measured for wholesale market and consumer market by using wholesale price Index (WPI) and Consumer Price Index (CPI) respectively. Types of…

Causes of Inflation & Possible Solutions

Price of any good is highly related to its demand & supply. If the supply of any good is less in the market and its demand is comparatively higher, then this shortage has led to higher prices. ┬áReasons of higher…