What type of inflation is experienced during an economic expansion (recovery or upturn in the business cycle)?

Question

How do you know?

Answer 1

Inflation is the term to describe an increase in the price level. There really aren't different types of inflation in this respect.

You may be referring to core inflation, which is a measure of inflation that adjusts for food and fuel, which are generally more volatile. These adjustments allow for a better gauge on how quickly prices are moving.

But inflation in expansion and in other parts of the business cycle are the same.