Economy, asked by kulshan, 1 year ago

what do you mean by inflation

Answers

Answered by zesta
3
 Inflation is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively measures the change in the prices of a basket of goods and services in a year. In India, inflation is calculated by taking the WPI as base.
Answered by Pulkit101
0
The action of inflating something or being inflated is known as inflation
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