Central banks such as the Fed prefer that inflation remains stable over the long run. Most central banks practice flexible inflation targeting, to achieve that end. Constant inflation would deliver a zero output gap (meaning that the real level of output is equal to the potential level of output).
High inflation is often detrimental to an economy. Businesses and households must divert time and money to hedge against inflation. For example, retail stores must incur the cost of changing thousands of sticker prices on their shelves and in their computers. Severe types of inflation can reduce real output, thereby increasing unemployment.
However, when the price level stagnates (meaning little or no inflation), economies are at risk of a deflationary spiral. When this happens, prices and production fall drastically.
To balance between these extremes, central banks practice inflation targeting. Currently, the Fed holds a target of around 2% inflation per annum.
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%.
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.
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%.
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%.
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.
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%.