If your loan is floating then as inflation rises the central bank will be forced to increase its base rate. This will translate into your loan provider increasing his rate so your monthly payments will increase.
An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. Workers in the textile industry design, fabricate, and sell cloth. The tourist industry includes all the commercial aspects of tourism. You can use industry to refer to a group of similar businesses: The automobile industry makes cars and car parts. The food service industry prepares food and delivers it to hotels, schools, and other big facilities.
(Redirected from Industry sector) Industry classification or industry taxonomy is a type of economic taxonomy that organizes companies into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets.