Discussion on Inflation

191-23-5505

191-23-5505

by Shohan Shohan -
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..