Prices are set by supply and demand.
Inflation refers to the price of goods increasing.
If supply reduces and/or demand increases, all else equal, prices increase. If supply increases and/or demand decreases, all else equal, prices decrease.
Inflation refers to the price of goods increasing.
If supply reduces and/or demand increases, all else equal, prices increase. If supply increases and/or demand decreases, all else equal, prices decrease.
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