Inflation in an economy has significant repercussions, affecting individual purchasing power and overall economic stability. The objective of this assignment is to examine the impact of inflation in major industries in the Jamaican economy.

As junior Economists, you are required to use properly sourced statistical, graphical, and pictorial evidence to make a presentation to your class on a selected industry that has been affected by low or high inflation levels in the past 10 years in Jamaica.

Specific Questions to Address:

1. Select one industry that has been impacted by inflation.
2. Identify if it was unanticipated or anticipated inflation.
3. How has inflation levels in this industry fluctuated over the past decade?
4. Explain two (2) main factors contributing to the observed inflation trends in this industry
5. Determine two (2) of the socio-economic consequences of high inflation in this industry
6. What policy measures, if any have been implemented to address inflation in this industry
7. In the group's opinion, what are the prospects for inflationary pressures or stability in this industry in the near future?
8. Download STATIN"S CPI brochure and assess what makes up their monthly consumption basket and the prices on average associated with them.- Make comparisons.