PART 1- What is Inflation and how to measure it! (Market Basics) [Video]

What is inflation -Part 1 Chapters: 00:00 – Introduction 00:34 – What is Inflation? 01:14 – How inflation affects our lives? 01:36 – Example of Inflation’s effects on our lives? 02:16 – Why Inflation is not always bad? 02:58 – How to measure inflation? 03:02 – What is Consumer Price Index or CPI? 03:15 – What is Wholesale price index or WPI? 03:33 – Conclusion In this video tutorial, we will discuss what is what is Inflation, how inflation affects our lives and its example, why Inflation is not always bad, how to measure inflation, what is Consumer Price Index or CPI & wholesale price index or WPI, etc. What is Inflation Inflation occurs when there is a sustained increase in the prices of goods and services that we use on daily basis, such as transportation, food, clothing, and so on. In general, inflation reduces your purchasing power. If you …