Conclusion

We had conducted this study of inflation in the macroeconomics based on the information that we found  from the web resources. Throughout the online research, we get to know more about the definition, reasons, factors, effects and examples of inflation happened in the world today. With the findings from this case study, we had also achieved our goals and objectives as stated in the analysis.

In the nutshell, inflation is an issue that need to be aware. Consumers are one of the important factors for inflation. However, when inflation occurs, consumers will also be the one whom suffer. It is a serious matter for fixed income families, as a result of inflation, cost of goods will raise while their income remains affecting their purchasing power. In other word, when inflation goes up, there will be a decline in purchasing power of money. Talking about the effect of inflation, it can be as big as affecting the economics of a country or as small as the affordability in buying goods from the grocery stalls. Malaysia is lucky to have a stable inflation rate, however, government should get the taxes and monetary rate well organized to prevent the increasing in annual inflation rate and also to improve the economics of Malaysia in future.