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What is Inflation?
A simple commonly used definition of the word inflation is simply "an increase in the price you pay for goods."
In other words, a decline in the purchasing power of your money.
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Technically, Price Inflation is when prices get higher or it takes more money to buy the same item.
A good indicator to determine if inflation is high is CPI or Consumer Price Index.
Technical Analysis on the Singapore and U.S. Markets. Providing in-depth alerts for traders and investors
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