What is inflation? Economics explained
1:52
YouTubeThe Guardian
What is inflation? Economics explained
Inflation is one of the most important concepts in economics. It’s also one of the simplest. It’s just the average rate that prices are rising. A small amount of inflation is healthy for an economy - but how is it calculated and what happens when it gets out of control? Subscribe to The Guardian on YouTube http://is.gd/subscribeguardian The ...
500.7K viewsDec 15, 2015
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The price of subsidising offshore wind and building and managing the grid has increased sharply, driven by supply chain inflation and the rising cost of financing major capital projects. Sky's Paul Kelso explains why this has led to higher energy prices for consumers. | Sky News
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