What is inflation?
Webster's says, "Inflation is an increase in the volume of money and credit relative to availble goods."
I have added a link to the bank of Canada inflation calender. I have noticed this is an average calculation of inflation per capita. Inflation effects everyone in a differing way because each person consumes goods and services to suit their own personal choices. In other words It may be higher or lower based on our choices we make.
Click on the link below !