Wednesday, November 13, 2024
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HomeEducation / CultureImported Inflation: What It Means - Why It Matters

Imported Inflation: What It Means – Why It Matters

  • “We Import Almost Everything We Consume” (Imported Inflation)

By Central Bank of Barbados

BRIDGETOWN, Barbados – Did you know that when prices go up in foreign countries, prices in Barbados also increase? Watch this video to find out why. You’ll also find out why prices don’t decrease even when the inflation rate slows down.

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