Lets talk about Inflation

Let's talk about Inflation! 📈📊📉

What is #Inflation? The rising price level of goods and services and the decreasing purchasing power of money.

What factors influence Inflation?

📈Production Costs: Prices will increase due to an increase in production costs such as raw material and wages📈📊📉

📊 Demand: Prices increase when there is an increase in consumer demand

📉 Fiscal Policy: The governments decision on taxes and spending

#FinancialPlanning #FiscalPolicy #Demand #ProductionCosts #FinancialAdvice #RobynThompson #RobynThompsonMoney #WealthManagement #Wealth #Toronto