Inflation and Deflation Analysis in 2022 | Original Article

ABSTRACT:

Increases in the cost of living, known as inflation, and decreases in these costs, known as deflation, are two extremes that may affect a country's economy. Both inflation and deflation are effects of the same underlying monetary system. Since the economy may rapidly shift from one situation to the other in response to inflation and deflation, it is crucial to keep the two in check, Including a research that talks about inflation, deflation, causes of deflation, the difference between inflation and deflation, and inflation and deflation rates throughout the world in 2022 in addition to the inflation rate in India.