Inflation

Définitions

Dernière mise à jour le :09/02/2021

Définition

Inflation is the loss of purchasing power of the currency that results in an increase general and sustainable prices. It must be distinguished from the increase in the cost of living. The loss in value of the money is a phenomenon that strikes the national economy as a whole (households, businesses, etc.).

The index of consumer prices (CPI) is used to assess inflation . This measure is partial since inflation covers a broader scope than just the household consumption.