Glossary entry (derived from question below)
English term or phrase:
growth rates of money, credit and asset prices
English answer:
inflation
Added to glossary by
Noorsalhanim Che Jamel
Aug 27, 2003 13:57
20 yrs ago
English term
growth rates of money, credit and asset prices
English
Bus/Financial
Economics
Economy
There's really not much context to go on. The text is a report from the IMF on the Swedish economy, and the full sentence is as follows:
"Most indicators of resource constraints point to slack in the economy: low consumer confidence; unutilized capacity; weak manufacturing growth; low or declining growth rates of money, credit, and asset prices; subdued economic projections; and low inflation rates excluding energy prices."
"Most indicators of resource constraints point to slack in the economy: low consumer confidence; unutilized capacity; weak manufacturing growth; low or declining growth rates of money, credit, and asset prices; subdued economic projections; and low inflation rates excluding energy prices."
Responses
+1
25 days
Selected
Inflation
i think it refers to the infation in the value of currency and thus lead to the decrease in the value of money, credits and assets.In short, it refers to economic inflation.
2 KudoZ points awarded for this answer.
+1
10 mins
It perhaps refers to rate of increase of money, credits and
asset prices.
Peer comment(s):
neutral |
Dan Dascalescu
: The phrase seems unclear... "increase of money"? "increase of money prices" ?
1 hr
|
Yes Dan you are right. That is why I have inserted *perhaps* in my answer.
|
|
agree |
Noorsalhanim Che Jamel
25 days
|
Discussion