Low inflation is a situation in which the general price level of goods and services is rising at a relatively slow and stable rate. It is generally considered to be a sign of a healthy economy, as it indicates that the economy is growing at a sustainable pace without overheating. Achieving low inflation is a key goal of many central banks around the world.
There are a number of benefits to achieving low inflation. First, it helps to protect the purchasing power of consumers. When inflation is high, the value of money erodes over time, meaning that consumers can buy less with the same amount of money. Low inflation helps to preserve the value of savings and investments.
