Five different types of inflation and what it means for your wallet

There are a few different types of inflation and, in this video Staci West briefly explains each one and whether it is good or bad for our finances. We start with how inflation is measured [0:15] before moving onto inflation [1:09], disinflation [1:59], deflation [2:22], stagflation [3:10] and reflation [3:32].

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.