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178. What is Inflation? (English Vocabulary Lesson)

Thinking in English

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What Is Inflation?

In the UK, prices are rising at the fastest rate in over 40 years. Companies are going out of business or increasing their prices to deal with massive energy bills. The same is true in countries all across the world. Prices sometimes increase, sometimes decrease and sometimes are stable. It's part of the economy, well part of the free market economy anyway.

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