Politics latest: Government changes immigration rule as new migration data set to be published Politics News
The CPI is calculated by comparing the cost of the basket at different points in time, providing an estimate of overall price changes. High or unpredictable inflation can discourage saving and encourage short-term spending, potentially contributing to further inflationary pressures. A moderate level of inflation is generally considered healthy for an economy, while high or volatile inflation can have negative consequences. Understanding inflation is crucial for making informed financial decisions, formulating effective monetary and fiscal policies, and maintaining economic stability. Inflation can also occur when governments inject money into the economy. This can lower the value of the currency...
Read post →