Inflation is
defined as an increase in the price of bunch of Goods and services that
projects the Indian economy. An increase in inflation figures occurs when there
is an increase in the average level of prices in Goods and services. Inflation
happens when there are less Goods and more buyers, this will result in increase
in the price of Goods, since there is more demand and less supply of the goods.
Inflation causes increase of Interest
Inflation can be
recognized as a combination of 4 factors :....