Briefly describe the term annual average inflation
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Answer: the average rate at which the prices of goods and services change within a year, for example, when comparing different countries. Inflation in the smaller OECD countries fell last year, and this year the average inflation rate looks set to fall further.
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✧༺ ₮he average rate at which the prices of goods and services change within a year, for example, when comparing different countries. Inflation in the smaller OECD countries fell last year, and this year the average inflation rate looks set to fall further. ༻✧
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