High inflation decreases a currency's purchasing power, making it more expensive for consumers to purchase products.

Authors

• Person: Not available Organization: IG
  What Are the Key Macroeconomic Indicators? | IG International

Sources

• What Are the Key Macroeconomic Indicators? | IG International www.ig.com IG via serper

Referenced by nodes (3)

• purchasing power concept
• inflation concept
• currency concept