Significant Drop in Price Index: Recent data from the National Statistics Institute show a notable decrease in the annual inflation...
Inflation Rates
Inflation rates refer to the percentage change in the price level of goods and services in an economy over a specific period, typically measured annually. It indicates how much prices have increased or decreased in comparison to a previous time frame. Higher inflation rates signify that consumers are experiencing a rise in costs, which can erode purchasing power. Conversely, lower or negative inflation rates (deflation) suggest a decrease in prices. Inflation rates are commonly measured using indices, such as the Consumer Price Index (CPI) or the Producer Price Index (PPI). These rates play a critical role in economic policy and financial markets, influencing interest rates, wage negotiations, and government fiscal policies.
