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What type of inflation is characterized by a slow price increase of around 2% to 2.5% per annum?
  • a)
    Creeping Inflation
  • b)
    Running Inflation
  • c)
    Hyperinflation
  • d)
    Walking Inflation
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What type of inflation is characterized by a slow price increase of ar...
Creeping inflation refers to a gradual rise in prices, typically within the range of 2% to 2.5% per year. This slow increase is often considered manageable and can reflect a growing economy without significant negative impacts.
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