# Inflation

- Canonical URL: https://www.gerhardmerk.de/inflation
- Post ID: 587469
- Modified: 2023-07-25T21:01:38+00:00
- Language: en

## Definition

In general, the rate of price increase of a currency. - The ECB defines inflation as "an increase in the HICP of below but close to 2 percent over the medium term. This - introduces a measurable parameter; the ECB must give precise reasons for any overshooting and indicate when and how it will return to this value, - sets a clear limit to inflation expectations and - also states that the ECB will not accept deflation. Admittedly, - this reference value is not a target but a point of orientation for assessing performance, which is often not seen. - See orientation, single-target, cost-push inflation, demand-pull inflation, demand-shift inflation, depretiation, disinflation, dividend, inflation-linked, pressure, disinflationary, petroleum inflation, European Monetary Union, fundamental error, maturity transformation, Money, moral, money inheritance law, money inflation, money supply fetishism, money demand theory, money neutrality, long-term, monetary policy, forward-looking, money multiplication, monetary union-internal, money confidence, money purpose, gold bell economy, mortgage profit levy, inflation upswing, inflation compensation, inflation risk, purchasing power, purchasing power outflow, core inflation, crisis, central bank-induced, wage-price spiral, lie-and-deceive thesis, menu costs, middle class, squeezed, Mundell-Tobin effect, Nominal value principle, organizations, nonprofit, cost-of-living price index, quality changes, quantity theory, ramp, stimulus threshold, savings rate, stagflation, inflation, inflationary pressures, sectoral, valorization lawsuit, commodity hoards, path inflation. - On measurement in Euroland, see the ECB's Monthly Report of October 1999, p. 39, as well as the ECB's Annual Report 2003, p. 16 ff (basic statements), the ECB's Monthly Report of October 2004, p. 63 ff (forecasts), the Deutsche Bundesbank's Monthly Report of January 2005, p. 18 ff, ECB Monthly Report of May 2005, pp. 28 ff. (calculation details), ECB Monthly Report of May 2008, pp. 51 ff. (breakdown of inflation by sector; overviews), ECB Monthly Report of January 2009, pp. 41 ff. (higher inflation rate explained for services versus goods; overviews), ECB Monthly Report of September 2009, pp. 60 ff. (relationship between business cycle phase and inflation; overviews; literature), ECB Monthly Report of November 2009, pp. 50 ff. (taxes and inflation), ECB Monthly Report of May 2010, pp. 111 ff. (causes of a surge in inflation retrospectively from 1965 to 1985; many overviews and literature references), ECB Monthly Report of February 2012, p. 59 ff. (price increases broken down since 1999; overviews), Deutsche Bundesbank Monthly Report of April 2014, p. 78 f. (relationship between inflation and government deficit; overview; literature references), ECB Monthly Report of June 2014, p. 60 ff. (developments since 2010; overviews; influence of external economic factors; literature references). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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