Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer ...
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Understanding different types of inflation
Nigeria faces two primary forms of inflation: demand-pull and cost-push, which frequently occur simultaneously. Higher fuel and production costs contribute to rising prices, while spikes in consumer ...
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Inflation and Deflation: Key Differences Explained
Inflation happens when prices rise and purchasing power falls, while deflation occurs when prices drop and purchasing power increases. Both can strain an economy if they move too far in either ...
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