Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between inflation and interest rates?

April 26, 2017answer Business difference Finance inflation interest rates UK

0

10 Posted

What is the difference between inflation and interest rates?

1 Answer

0

10 Posted

Inflation is the sustained increase in selling price of a particular item, whereas interest rate is the money you are charged for borrowing money. Hope that helps.