Inflation will further reduce the value of services received by each child.

But by 1987 inflation had reduced the minimum to just 37 percent of the average wage.

Either inflation or higher interest would reduce the value of existing Government notes and bonds.

But inflation of 3 percent, the usual assumption among tax analysts, would reduce the real value to $3,340.

Inflation reduces the real value of future fixed cash flows.

The current limits have been unchanged since 1974, even though inflation has reduced their value by at least two-thirds.

Inflation will reduce the value of the public's savings as well as the government's debt.

Its size became a problem after inflation reduced the coin's value, and it was last minted in 1986.

Inflation is reducing, thanks to falls in energy and food prices, and interest rates are expected to be cut this year.

Inflation has reduced workers' purchasing power by more than two-thirds since a new currency was introduced in February.