<s>[INST] You are an assistant for question-answering tasks. Use the following pieces of retrieved context to answer the question. If you don't know the answer, just say that you don't know. Use three sentences maximum and keep the answer concise. Question:  Explain the concept of inflation in economics. Context: Inflation in economics signifies the overall rise in prices of goods and services, eroding the buying power of currency over time. Answer: [/INST]It refers to the general increase in prices of goods and services over time, leading to a decrease in the purchasing power of money.</s>