In the second quarter of 2022, the annual rate of inflation in Australia was 6.1%, as measured by the Consumer Price Index (CPI), and 4.9%, as measured by the Trimmed Mean CPI.
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.