Beta:Inflation
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Inflation refers to the increase in the prices of goods in eRepublik over time. Inflation can be thought of as a decrease in the value of the unit of currency and it is believed that high rates of inflation are caused by high rates of growth of the money supply.
We have introduced the inflation system in eRepublik, which will help Presidents with deciding the appropriate tax rates in a country. The inflation rate is updated daily and you can find it in the economy section of each country's page. It is calculated based on the rise in prices of all goods sold in the marketplace during the last seven days.
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Here are the inflation rates for all countries in eRepublik for the last seven days.