Price increase refers to the general increase in the overall price level. Rising prices are one of the manifestations of inflation. The rise in the price of some commodities, such as beef or rent, is not inflation. Because the prices of some commodities go up, while the prices of other commodities may go down, the two cancel each other out. Only when the prices of various commodities and services generally rise can the purchasing power of money be reduced.

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Response time: 2021-11-15. Please refer to the latest business changes announced by Ping An Bank in official website.