What is inflation and how does it affect you? | News glossary

If you've noticed groceries and bills getting more expensive, that's due to the effect of inflation.
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But what causes inflation, how does it affect you, what can governments do about it, and is it always bad? In this episode of News glossary, Matilda Boseley explains what inflation is all about.

Australia’s inflation rate reaches 6.1% – the fastest annual increase in 21 years ► https://www.theguardian.com/business/...
Cost of living 2022: see how inflation has changed prices in Australia in the June quarter – interactive ► https://www.theguardian.com/news/data...
How to beat Australia’s soaring inflation and cut your everyday expenses ► https://www.theguardian.com/australia...

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