Inflation is a concept, with which, despite being familiar, generates doubts. It is, nothing more and nothing less than, the general growth of the level of consumer prices in an economy. A term that from the Banco de España explains it this way: "In a market economy the prices of goods and services are subject to change. Some increase and others decrease. Inflation occurs when there is a general increase in prices, not only of individual items, …
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Inflation is a concept, with which, despite being familiar, generates doubts. It is, nothing more and nothing less than, the general growth of the level of consumer prices in an economy. A term that from the Banco de España explains it this way: "In a market economy the prices of goods and services are subject to change. Some increase and others decrease. Inflation occurs when there is a general increase in prices, not only of individual items, …