Difference between price level and inflation rate
The difference between the Consumer Price Index (CPI) and inflation is a source of confusion for many. At its easiest level, the Consumer Price Index in the United States is used to calculate inflation. Thus, their similarities are better understood based on that relationship even if the details of their differences are not. Inflation refers to the rate at which prices for goods and services rise. the relationship between inflation and interest rates much money exists in an economy at various levels, including