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Grade 12 - Concrete
Introduction
Inflation rate refers to the percentage at which a currency is devalued.
It is also the period of consumption where consumer price index (CPI)
increases. According to the study of Trading Economics, the
Philippines' annual inflation rate came in at 6.7 percent in October of
2018, unchanged from the previous month but higher than market
expectations of 6.5 percent.
Overview
This bivariate report aims to contribute to the variety of understanding
concerning factors of inflation that may influence the increase of
inflation rate in City Mall of Antipolo (CMA) Market. This study also
seeks to contextualize its findings within the larger body of research.
Publishing thus study may be one initial step to make the research
known to the global community.
Context
• When the general price level rises, each unit of currency buys fewer
goods and services (Walgebah et. al, 1973).