Inflation is an increase in the price level of goods and services that results in a loss of purchasing power if no other action is taken to compensate for it, such as increasing wages and interest rates.
"}},{"componentType":"sectionTitle","title":"What are the causes ?"},{"componentType":"paragraph","title":"What are the factors that influence prices and increase them over time?*","richBody":{"value":""}},{"componentType":"productFeatures","highlighted":false,"items":[{"body":"When demand exceeds supply, prices increase in order to regain equilibrium.","title":"Inflation due to demand"},{"body":"If the latter is increased excessively, it may cause currency to lose value and prices rise to compensate for this depreciation.","title":"Inflation due to monetary mass"},{"body":"An increase in manufacturing and/or production costs is reflected in selling prices, increasing them.","title":"Inflation due to costs"},{"body":"Certain structural changes within the economy can promote inflation, for example a monopoly situation which leads to a lack of competition.","title":"Structural inflation"}]},{"componentType":"sectionTitle","title":"An impact on your savings?"},{"componentType":"paragraph","richBody":{"value":"When the interest rate on your savings account is equal to that of inflation, the effect of inflation is offset: in a few years, your savings will allow you to buy as much as they do today. But in recent years, this is no longer the case.
The interest rate on your savings account is in fact much lower than the rate of inflation. The value of your savings therefore increases less quickly than the prices of goods and services. In other words, your savings lose value, which leads to a drop in your purchasing power.
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Get rid of your prejudices, here are the facts!
Fact 1: Your savings are losing value thanks to soaring inflation.
Fact 2: By making your money grow, you may be able to compensate for this loss in purchasing power.
Fact 3: You don't have to be an expert or have thousands of euros in reserve. Anyone can invest.
In fact, anyone can invest at ING. You included! And you can do it your way: either with proactive advice from our experts or by yourself, whether you want to invest small amounts or take more or less risk.
"}},{"componentType":"sectionTitle","title":"Invest in ING"},{"componentType":"paragraph","title":"We have an offer to suit every investor. Discover the different options:","richBody":{"value":""}},{"componentType":"comparisonCards","comparisonCardList":[{"title":"INVEST WITH ADVICE","usps":[{"body":"Managed with you","iconType":"check-mark"},{"body":"Personalised advice","iconType":"check-mark"},{"body":"Unique approach","iconType":"check-mark"}],"cta":{"componentType":"cta","textLink":{"url":"https://www.ing.be/en/individuals/services/contact-us-appointment?journey=invper&flow-step=call-me-back","text":"Plan an appointment"}},"secondaryCta":{"textLink":{"url":"/en/individuals/investing/investment-advice","text":"Discover ING Invest Advice"}}},{"title":"READY-MADE INVESTMENTS","usps":[{"body":"Flexible","iconType":"check-mark"},{"body":"From €10/month","iconType":"check-mark"},{"body":"Easy online","iconType":"check-mark"}],"cta":{"componentType":"cta","textLink":{"url":"/investments/mobile/product/7120/open?EW=true","text":"Start"}},"secondaryCta":{"textLink":{"url":"/en/individuals/investing/easy-invest","text":"Discover ING Easy Invest"}}},{"title":"INVEST BY YOUR SELF","usps":[{"body":"Managed by you","iconType":"check-mark"},{"body":"Stocks, trackers, etc.","iconType":"check-mark"},{"body":"100% digital","iconType":"check-mark"}],"cta":{"componentType":"cta","textLink":{"url":"https://ebanking.ing.be/investments/mobile/self-investing/7100/onboarding?EW=true","text":"Get started"}},"secondaryCta":{"textLink":{"url":"/en/individuals/investing/ing-self-invest","text":"Discover ING Self Invest"}}}],"title":"INVEST WITH ADVICE,READY-MADE INVESTMENTS,INVEST BY YOUR SELF"}]},"legalZone":{"flexComponents":[{"componentType":"paragraph","title":"Sources","richBody":{"value":"* https://www.orangebank.fr/blog/culture/qu-est-ce-que-l-inflation
**https://www.ing.be/en/retail/investing/start-to-invest/benefits-of-investing
"}}]}}}