Oil prices were at 14 per liter. Suppose we used gas 10 l will use 140 baht, but at present, the oil price has become 28 per liter. If we use the same is 140 baht. We fill only 5 L not 10.If want to fill 10 l the same, means that we need to use the increased 280 baht, or in other words, the occurrence of inflation. To make the same money that we hold is decreased to buy less
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.Which, of course, when high oil prices up like this. The cost of transportation of goods from the source of production to be sold at various has got higher and make other kinds of prices to raise prices accordingly.Is not called inflation. Because inflation means The price of goods and services in general, it is more expensive. It is possible. There may be some price was down at the same time, but overall.And this continued for a little while. Although called inflation. We need to know inflation. Is to be used for measuring the cost of living, or our standard of living (people).
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