Discussion on Inflation

Discussion on Inflation

Discussion on Inflation

by masud23 - 604 -
Number of replies: 1

Increment of 5% salary is not actually increases the salary of garment workers, because-

We know that inflation is the rate at which the cost of goods and services rises over time. It could also be thought of as a reduction in the value of a currency because consumers are now able to purchase less than they once could with the same currency bill. Where Bangladesh's inflation rate is 5%. 

So salary is not actually increases the salary of garment workers.