It is the return that a property or an asset gains over a given period of time. Using this measure, appreciation or depreciation (expressed in percentage) of an asset that it achieved over a period of time will be considered.
The concept of absolute return is different from relative return because it is primarily concerned with the return that an asset will gain and it does not compare the gains to any other benchmark or measure.
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In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
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