Calculating Inflation Rate

** Share this page by clicking the following icons

Inflation is the gradual loss of purchasing power of a given currency. A quantitative estimate of the rate at which purchasing power declines can be reflected in the increase in an economy’s average price level of a basket of selected goods and services over time. When a currency loses value, prices rise and fewer goods and services are purchased. This loss of purchasing power affects the general cost of living for the general public, resulting in a slowing of economic growth.


Cybercon Private Cloud ads

Have any questions or suggestions? Please contact us using our Online Ticket System.
Are you interested in making contributions to our platform? Join in our W3Data Creator Team.

Disclaimer: Megapro provides data solely for educational or informational purposes. All investment strategies and investments involve the risk of loss. Nothing contained in this website should be construed as investment advice.  Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any decisions or actions based on the information presented here are done at your own risk and discretion.