Inflation is generally understood to be a sustained hike in the price level of goods and services. Most economists favor relatively low and stable inflation rates for a nation's economy to work smoothly.
But the eurozone currently has to grapple with an inflation rate considered far too low to be anywhere near the ECB's recommended target rate of little under 2 percent. This page collates the latest DW content on the topic.
In order to combat hyper-inflation, Venezuela is once again printing money: The South American country has the highest inflation rate in the world. It's socialist government is printing the highest denomination of any note in the country's history. It's value? Around two euros.
The hyperinflation seen in the 1990s in Russia brings back bad memories for many people. Back then, millions of people lost their savings — hitting the poor, the eldery and families with children especially hard. Now, just a few months ahead of the presidential election, the Russian central bank has annouced good news for the Kremlin: The economy is growing and inflation remains low.