Phrases with «consumer inflation»

Consumer inflation refers to the increase in the average prices of goods and services that people buy for their personal use over time. It means that as time goes on, the cost of everyday items tends to rise, making it more expensive for consumers to afford those products. Full definition

Related phrases

Sentences with «consumer inflation»

  • Although expectations remain higher than actual rates of inflation, this measure of consumer inflation expectations is now around its lowest level since the survey began in 1973. (rba.gov.au)
  • While consumer inflation for medical care, motor insurance, education and personal care increased, it was offset by declining gasoline, new - vehicle and apparel prices. (forexfocus.com)
  • Inflation in general has been rather benign, with core consumer inflation averaging less than 2 %. (nic.org)
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