Inflatsioonipõhine

Inflatsioonipõhine refers to a concept or system that is directly linked to or influenced by inflation. In economics, this often pertains to mechanisms, contracts, or policies where the value of payments, wages, or prices is adjusted based on changes in the general price level. For instance, an inflation-linked bond, known as an inflation-linked security, would have its principal and/or interest payments adjusted to keep pace with inflation, thereby protecting the investor's purchasing power. Similarly, some wage agreements or social benefits might be inflation-based, meaning they are revised periodically to reflect the rate of inflation, ensuring that recipients do not lose out due to rising costs of living.

The primary purpose of an inflation-based adjustment is to maintain the real value of money over time. Without such mechanisms, inflation would erode the purchasing power of fixed incomes or payments, leading to a decline in living standards or the real return on investments. Central banks often monitor inflation closely, and their policies aim to keep it at a stable and predictable level. When inflation is high or volatile, inflation-based adjustments become particularly important for economic stability and fairness. The specific formula or index used to measure inflation can vary, but it typically relies on broad measures of price changes, such as the Consumer Price Index (CPI).