What Are the Different Types of Inflation?

Types of Inflation as Per Pace, Causes & Measures

FAQs about Types of Inflation

What is wage inflation?

Wage inflation may happen within an economy if the salary/labour charge hike increases faster than the cost of living therein. It mainly occurs if there is a dire labourer shortage. Then, employers need to escalate the remuneration to draw workers.

What is asset inflation?

Asset inflation is the price hike of a specific asset class. This inflation rate does not consider assessing a range of different products together. For example, you can get asset inflation for housing, gold, oil, etc.

What is CPI?

The Consumer Price Index or CPI is an index used by countries to measure the inflation rate. In this process, they consider the increase in the average prices of a bucket of products and services.