Understanding Inflation: Gradual price rise erodes purchasing power. CPI tracks changes in goods and services. Causes and Types: Inflation from cost-push or demand-pull factors creates price cycles.

A financial advisor can help explain how this type of inflation affects individuals and the economy. Wage push inflation is a form of cost-push inflation that occurs when businesses raise prices ...

The most famous example of hyperinflation is Germany in the early 1920s, when inflation climbed to 30,000% per month. Zimbabwe had even worse hyperinflation in 2008, when prices soared by roughly ...