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Inflation is a significant aspect of economics that affects everyone’s daily life. It refers to a sustained increase in the general price level of goods and services over time. Understanding inflation is crucial for making informed decisions about personal finance, investing, and overall financial stability. This article explores the various factors that contribute to inflation, such as money supply and interest rates, and provides insights into its effects on consumer prices and economic growth. You’ll also find practical solutions to help tackle this persistent economic challenge.

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