Its causes can vary, but rising prices in one particular sector doesn’t necessarily point to broad inflation. “The price of any particular good going up or down is not inflation,” says ...
But what is inflation, what causes it, and why does it matter? Let's start with the basics. Inflation is an increase in the general price level of goods and services. In other words, inflation ...
Inflation that is higher than a steady rate for a prolonged period is viewed as persistent. What Is the Personal Consumption Expenditures Price Index? The Personal Consumption Expenditures Price ...