Types of inflation: Explore the main types of inflation

Explore the main types of inflation including creeping, galloping, hyperinflation, stagflation, and deflation. Learn their impact on the economy with examples. Explaining with diagrams - different types of inflation including - demand-pull, cost-push, wage-inflation. Also, creeping, running and hyperinflation. Inflation and unemployment are the two most talked-about words in the contemporary society. These two are the big problems that plague all the economies. Almost everyone is sure that he knows what inflation exactly is, but it remains a source of great deal of confu­sion because it is difficult to define it unam­biguously. 1. Meaning of Inflation: Inflation is often defined in terms of its supposed causes. Inflation exists when money supply exceeds available goods and services. Or inflation ... Discover the complexities of inflation, including stagflation, hyperinflation, and deflation. Learn their causes, effects on the economy, and key economic theories.