ASPECTS OF THE MAIN EFFECTS OF INFLATION

Radu Titus Marinescu, Doina Burea and Tudor Samson
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Radu Titus Marinescu: „Artifex”University of Bucharest
Doina Burea: Bucharest University of Economic Studies
Tudor Samson: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2017, vol. 65, issue 6, 84-91

Abstract: Inflation is present in any economy, so it can not be fully controlled but only influenced. When inflation rises, an imbalance is created because prices are rising and the purchasing power of the national currency decreases. Inflation affects different people differently. This is because of the drop in the value of money. When the price increases or decreases the value of money, some groups of the company win, and others lose.

Keywords: production; inflation; price fluctuation; goods and services; fixed / flexible income (search for similar items in EconPapers)
JEL-codes: E31 E64 (search for similar items in EconPapers)
Date: 2017
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