what is inflation and how is it measured?

1) What is the inflation rate?How is inflation measured? Is inflation a worry, or are we in a period ofstable prices?2)   What isthe unemployment rate? Will a high unemployment rate cause deflation? What isthe current structure of the labor market? How does the current structure ofthe labor market affect the threat of cost push inflation or deflation? 3) Whatis the growth rate of GDP?3)   How isGDP measured? Can you find predictions on the future growth rate?4) 4) What is the incomedistribution? How is it measured? How has this changed over recent history?