Price fluctuations refer to the changes in the price of goods and services over time. These changes can occur due to various factors, including supply and demand, market trends, and economic conditions. For example, when the demand for oil increases, its price may rise, while an oversupply can lead to lower prices. These fluctuations can impact consumers and businesses alike. For consumers, rising prices may lead to higher costs for everyday items, while businesses may adjust their pricing strategies to remain competitive. Understanding price fluctuations is essential for making informed financial decisions in the marketplace.