558K views · 4.4K reactions | Inflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. | Source: IMF | Proprogress Philippines | Facebook

The rate of inflation has eased slightly to 6.7% confounding the predictions of economists that it would rise. The Office for National Statistics (ONS) said the consumer prices index (CPI) measure slowed in the 12 months to August, from the 6.8% figure reported the previous month, thanks to food rising at a weaker pace during the month compared to August 2022. Click the link in bio to read the full story 🔗 #EdConway #Inflation #economy #ukeconomy #recession #politics #ukpolitics #rishisunak #je

Lowest inflation rates of any country in America??? 😂 So we have 50 countries right, or did he mean to say world? 🌎 🤔 | Students for Trump

21K views · 228 reactions | INFLATION: Nevada is currently among the states with the highest inflation rates in the country. | FOX5 Las Vegas | Facebook

3.7K views · 174 reactions | High inflation, rising interest rates and rising income taxes means Australia has recorded the biggest fall in disposable household income of any developed country. | Liberal Party of Australia | Facebook