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Understanding Inflation and Its Impact on the Economy

Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. It is measured as an annual percentage increase. As inflation rises, the purchasing power of money falls, meaning that the same amount of money can buy fewer goods and services.

Infalling, on the other hand, is not a commonly used term in economics. However, I assume you might be referring to "inflationary pressures," which refers to the upward pressure on prices and wages due to increasing demand for goods and services, often leading to higher inflation. Inflationary pressures can arise from various factors such as economic growth, monetary policy, or supply chain disruptions.

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