what is mean by inflation
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Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc. Inflation measures the average price change in a basket of commodities and services over time.
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inflation is signifies increase in the level of prices and consequent deterioration in the level of money over a period of time in the word of growth "inflation is a state in which the value of money is falling prices are rising".
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