What is the difference between #inflation and #devaluation?

#Inflation is when prices go up because money loses value, so you need more cash to buy the same things.

#Devaluation is when a country’s currency loses value compared to others, making imports pricier but exports cheaper.

In simple terms, inflation is about rising prices at home, while devaluation is about the currency getting weaker globally.

Think of inflation as everything costing more and devaluation as your money not going as far in other countries.