Here’s a closer look at what inflation is and how it erodes the value of your money. Inflation is the term used to describe the increase in prices over time. The rate of inflation measures how ...

In the financial sense of the word, inflation refers to an increase in prices over time. Rising prices over time lead to a decline in the purchasing power of money. If lunch at your favorite ...

Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations. Economists define inflation as the rate of increase ...

I've been worried about how inflation will affect my money, so I asked financial planners. They said to start by checking up on my money more often to make spending cuts as needed. They also said ...

This historic inflation calculator uses official UK inflation data to show how prices have changed and what money used to be worth. Our calculator lets you see what inflation has done to prices ...

And with inflation tends to come higher wages, so while things cost more than they used to, your real purchasing power might not have declined, because you have more money to spend. In other words ...