Last year, with the money you had in your pocket let’s say €50, You could go to the cinema 7 times per year ! Because of the inflation now you can go just 5 times !
Inflation is the loss of buying power of the currency that results in a general increase of prices which is going to last. It must be distinguished from the increase in the cost of living. The loss in value of the money is a phenomenon that strikes the national economy as a whole (households, businesses, etc.).
Angèle Piton
Illustration : Lilith Chaix