Search results
Results From The WOW.Com Content Network
The inflation rate consumers experience depends on what they buy, meaning someone’s personal inflation rate might end up being lower, or higher, than the overall index. Drivers, for example ...
Inflation can lead to massive demonstrations and revolutions. For example, inflation and in particular food inflation is considered one of the main reasons that caused the 2010–2011 Tunisian revolution [112] and the 2011 Egyptian revolution, [113] according to many observers including Robert Zoellick, [114] president of the World Bank.
Probably the most noteworthy example of fiscal policy influencing inflation in recent times has been the massive stimulus packages provided by the government starting in 2020.
Just as COVID-19 circled the globe without a passport, the inflation surge that followed didn't recognize international borders either. The U.S. was just one of many countries where prices rose at...
The concept of core inflation as aggregate price growth excluding food and energy was introduced in a 1975 paper by Robert J. Gordon. [1] This is the definition of "core inflation" most used for political purposes. The core inflation model was subsequently developed and advocated by Otto Eckstein, in a paper published in 1981. [2]
Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.
Inflation in the UK lifted to a six-month high of 2.3% in October, official data has revealed. The Office for National Statistics said inflation rebounded from the three-year-low it recorded in ...
Built-in inflation is a type of inflation that results from past events and persists in the present. Built-in inflation is one of three major determinants of the current inflation rate. In Robert J. Gordon 's triangle model of inflation, the current inflation rate equals the sum of demand-pull inflation , cost-push inflation , and built-in ...