Economics B A-Level
Rate of inflation
What Rate of inflation means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Rate of inflation
Check what you remember
Read the wording for your board, then hide it and explain Rate of inflation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The percentage change in the index over a year, found by calculating the percentage change in the price index between two periods.
Topics that use Rate of inflation
- Inflation (Pearson Edexcel A-Level)
Related terms
- Business uncertainty
- Cost-push inflation
- Deflation
- Demand-pull inflation
- Disinflation
- Inflation
- Investment
- Nominal values
Using Rate of inflation in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics B questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics B A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge