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The article states: "Inflation is an economic term that describes a general increase in prices." However, the European Central bank measures inflation in terms
by a-t-0 4y ago
The article states: "Inflation is an economic term that describes a general increase in prices." However, the European Central bank measures inflation in terms of purchasing power of consumption goods and services, not in terms of general increase in prices: https://www.ecb.europa.eu/ecb/educational/hicp/html/index.en.html https://www.ecb.europa.eu/ecb/educational/hicp/html/index.en...