In June 2024, the Governing Council of the European Central Bank lowered its main refinancing rate to 3.75% as price pressures moderated towards its medium-term target of 2.0%.
Define the term 'inflation'.
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Markscheme
2.1.2 Inflation Questions
53 exam-style questions on Edexcel A A Level Economics 2.1.2 Inflation. Each one has a worked solution and a mark scheme showing where the marks go.