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Types Of Inflation: Rate Based Inflation
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This lesson is in continuation of the previous lesson on the Types of Inflation. It continues and completes the last type of Caused Based Inflation and begins with the types of Rate based Inflation: Creeping Inflation, Trotting Inflation, Hyper-Inflation and Galloping Inflation.

Ayussh Sanghi is teaching live on Unacademy Plus

Ayussh Sanghi
Passionate Educator - CSE / Other Govt Exams [Peep into my Unacademy Plus Courses & experience awesome learning.]

U
Unacademy user
Excellent experience Mam, really enjoyed your session, I never thought HTML is so easy, thank you for these lessons...
Radha Gupta
10 months ago
thanks
AK
Thank you sir for making this video this is really helpful....
सर आप से विनती है कि आप ओर भी ज्यादा इकॉनमी पर lesson बनाये इससे हमें बहुत फायदा हो रहा है तो सर आप please ओर बहुत सारे lessons बनाये।
क्योंकि हिन्दी में economy के बहुत ही कम lesson उपलब्ध हैं..... अतः अगर आप जैसा अच्छा ट्यूटर इकॉनमी के हिंदी में lesson बनाएगा तो हमें economy जैसा कठिन सब्जेक्ट समझने में मदद मिलेगी खास तौर पर उनको जो कोचिंग afford नहीं कर सकते हैं.... धन्यवाद
thank u soooooo much hindi me lecture ke liye
Thank you Sir..... it is very helpful
  1. Inflation BY AYUSSH SANGHI Types of Inflation - Part 4.3


  2. ABOUT ME >Passionate about Teaching >Taught at most reputed Civil Services Institutes >CA, Lawyer Follow me on: https://unacademy.in/user/ AyusshSanghi


  3. Sectoral Inflation It takes place when there is an increase in the price of the goods and services produced bv a certain sector of industries. Example: An increase in the cost of crude oil would directly affect all the sectors that use crude as an input. Thus, the increasing price of fuel has become an important issue related to the economy all over the world.


  4. Example Increment in Airfare In Aviation industry when the price of oil increases, the ticket fares also go up.


  5. Inflation can be divided in Types Inflation can be divided in types on the following basis: Cause Based Inflation Rate Based Inflation


  6. Creeping Inflation . It occurs when the inflation rate is in the range of 1% to 5%. Such inflation erodes the purchasing power of money, but is referred to as manageable and sometimes inevitable in a growing economy


  7. Trotting Inflation . It lies in the range of 5% to 10%, which is higher than Creeping Inflation. If Creeping Inflation is not looked at the economists then it may lead to Trotting Inflation.


  8. Hvper Inflation It is the extremely rapid escalation of prices (can be more than 50% per month) for goods and services. The most famous hyperinflation of the modern era occurred in Germany in 1920-1923 when the government began printing money to make up for revenue lost. The German hyperinflation resulted in a percentage increase in prices in the millions per month


  9. Hvper Inflation Other cases of hyperinflation (Greece, Hungary) following World War II were even more extreme. The root cause of hyperinflation tends to be the excessive printing of currency by the monetary authority Hyperinflation is extremely disruptive by making savings worthless very quickly, thus encouraging workers to spend money as fast as it is earned.


  10. Galloping Inflation . Also known as hopping inflation/jumping inflation/runaway inflation. . It is characterized by double or triple digit rise in the general price level, which could be as high as 10 to 900 per cent.