Inflation Calculator

Understanding Inflation

Inflation is the rate at which the general level of prices for goods and services rises, causing purchasing power to fall. Central banks attempt to limit inflation and avoid deflation to keep the economy running smoothly.

Key Inflation Concepts

• CPI - Consumer Price Index measures average price changes
• Core Inflation - Excludes volatile food and energy prices
• Hyperinflation - Extremely rapid, out-of-control price increases
• Deflation - A decrease in the general price level