double digit inflation
rapid growth of inflation rate a rate of inflation between 10% and 99%, usually calculated on an annual basis
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rapid growth of inflation rate a rate of inflation between 10% and 99%, usually calculated on an annual basis
The surge in global consumer price inflation in 2007 and most of 2008 caught many by surprise. The low-inflation decade that preceded this overheating had given central bankers God-like status. But improved monetary policy had at best a supporting role in the global Goldilocks story. The protagonist
By Diana Choyleva
Definitions of ’double digit inflation’ and meaning of ’double digit inflation’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’double digit inflation’ and other financial terms with our online QFINANCE Financial Dictionary.