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Title: Inflation
Description: Basic knowledge of inflation

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– INFLATION
1) What is meant by inflation?
Inflation means increase in prices and fall in the purchasing value of
money
...

3) What has happened to inflation over the past 12 months?
The rate of consumer price index (CPI) inflation slowed to 2
...
8% in July and The rate of Retail Prices Index (RPI)
inflation, , rose to 3
...
1% in July
...
Also the pensioners does not include in the limitation of
RPI it has its own PRI
Title: Inflation
Description: Basic knowledge of inflation