Inflation Series

How have you enjoyed the series so far on Inflation?

As we round off this series, here is a quick recap of all we have shared about Inflation in the past few weeks.

Inflation, is a rise in the general level of prices of goods and services in an economy over a period of time. It results from an excess of total demand over total supply and true inflation starts after full employment. For developing countries, such as Nigeria, India, and Mexico,  a 3% to 4% rise in inflation could be acceptable but in a developed country, such as the USA or the UK, it should only be 1% to 2%. The country's Central Bank plays a vital role in controlling the inflation rate and other related economic activities. 

How have you enjoyed the series so far on Inflation? We would love to hear your feedback to know how valuable it was to you by replying to this email.

As we round up the Inflation Series we will be starting another educational series to help you improve in your finances and make better economic decisions.

Stay tuned for a more interesting series with Herconomy!  

And don't forget to visit www.herconomy.com for more updates on our capacity building sessions and other programmes and opportunities.