The excessively high rate of inflation in education field means that compound interest for a long period of time becomes a necessity. (blog.roboadviso.com)
This specification provides a clear benchmark as an anchor for long - term expectations — and the average rate of inflation over the past decade was 2.7 per cent. (rba.gov.au)
This mandates the insurers to calculate rate of inflation for over three years taking in to account healthcare costs that are rising at 12 - 16 % annually. (policybazaar.com)