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WordNet-Online
Definitions from WordNet
Noun rate of inflation has 1 sense
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Definitions from the WebRate of InflationDescription:The rate of inflation refers to the percentage at which the general level of prices for goods and services is increasing over a specific period of time. It is a key measure used to gauge the overall economic health of a country and the changes in purchasing power of its currency. Sample sentences:1. The rate of inflation has been steadily increasing, causing concerns among consumers. 2. High rates of inflation can erode the value of people's savings and investments. 3. Economists closely monitor the rate of inflation to assess the impact on interest rates and financial markets. Related Products:Books about InflationInflation Economics Financial Planning for Inflation | ||||
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