Definition: Inflation is an increase in the price of a basket of goods and services that is representative of the economy as a whole.
Terms related to Inflation:
- What is Inflation?
- Cost-Push Inflation vs. Demand-Pull Inflation
- Purchasing Power Parity: Link Between Exchange Rates and Inflation
Books on Inflation:
- The Great Inflation and Its Aftermath
- Inflation Targeting: Lessons from the International Experience Monetary Policy, Inflation, and the Business Cycle