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general inflation and specific inflation?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › general inflation and specific inflation?

  • This topic has 3 replies, 3 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • February 13, 2021 at 5:57 pm #610276
    AshleyMarc1997
    Member
    • Topics: 48
    • Replies: 24
    • ☆☆

    What is the difference between general inflation and specific inflation?

    February 14, 2021 at 9:30 am #610328
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    The general rate of inflation is the overall, average, level of inflation in the country.

    Just because the average rate of inflation is (say) 2% does not mean that each individual expense or our selling prices, all inflate at exactly 2%. Some may inflate more and some may inflate less. The specific rate of inflation for each expense is the actual rate at which that expense is inflating.

    Have you watched my free lectures on investment appraisal with inflation?

    February 14, 2021 at 9:55 am #610336
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 3
    • ☆

    Please share the link with me sir. I am also wanted that lecture

    February 14, 2021 at 11:05 am #610362
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    Click on ‘ACCA’ on the top bar.

    The click on ‘FM’ is the new bar that appears.

    There you will find links to all of our resources.

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    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘general inflation and specific inflation?’ is closed to new replies.

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