Inflation

Inflation, the rate of change of prices, is very unpopular because it erodes purchasing power. Our posts explore the different causes of inflation and its economic costs; the difficulties associated with measuring inflation over time; the policy tools available to combat high inflation and their limitations; and insights into how inflation differs across sectors of the economy.

Inflation and Prices
Inflation

Inflation and Prices

Why are prices still going up if inflation is down? What might headline inflation statistics miss that affects economic well being across different groups?