Inflation is measured by calculating the percentage rate of change of price index,
which is
calledthe inflation rate. The rate of inflation is usually expressed in annualised term,
though the measurment periods are usually different from one year. Inflation
rate= p - P /P *100
i.e, p minus P divided by P into100.
Where, p= current average price level, P= price level a year ago.
The inflation rate is calculated to know the rate at which the prices of essential commodities are increasing in the country's economy.
A very high level of inflation signifies a poor level of financial management by the government.
for example: if the rate of toothpaste was $2 last year and is now $3 now then we can say the inflation rate for toothpaste is 50% because the price of toothpaste has increased by 50% in the last one year.
This is a very crude example. Usually the inflation rate is the average of the increase in price of a number of essential commodities.
Inflation rate is calculated by Reserve Bank of India . For inflation rate , basic necessitygoods price is taken as base and on that bases inflation rate is calculated.
current inflation rate in harris county
the inflation rate in 1992 was 1.75
As of 2005, the inflation rate in Indonesia was about 6.6%.
To date the 2008 "core" inflation rate is about 4.2%. Add to that housing and energy costs and the real inflation rate is about 11.2%.
Inflation rate is calculated by Reserve Bank of India . For inflation rate , basic necessitygoods price is taken as base and on that bases inflation rate is calculated.
current inflation rate in harris county
inflation
the inflation rate in 1992 was 1.75
2016s rate was 4.85%, and the inflation rate was 2.5%
Core Inflation Rate is 7%
As of 2005, the inflation rate in Indonesia was about 6.6%.
To date the 2008 "core" inflation rate is about 4.2%. Add to that housing and energy costs and the real inflation rate is about 11.2%.
Each government will have a set target with which the inflation rate should lie. For example, in NZ the inflation rate target is 1-3%.
Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.
i guess in Pakistan inflation rate of 2008 is around 30%
The current inflation rate of the United Kingdom is 3.2%.