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What is todays inflation rate?
In some countries the current inflation rate is over 100%, in other countries the current inflation rate is just over 3%.
When was India hit by highest inflation rate?
14.74 Percent
Lowest inflation rate in world?
The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)
What product has the highest inflation rate?
In the last month, rough rice.
How do you compare inflation rate in India with world inflation rate?
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.
What is todays inflation rate?
In some countries the current inflation rate is over 100%, in other countries the current inflation rate is just over 3%.
When was India hit by highest inflation rate?
14.74 Percent
Lowest inflation rate in world?
The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)
What product has the highest inflation rate?
In the last month, rough rice.
Does inflation have anything to do with?
Inflation refers to the rate of increase of goods and services in a country Let us say the inflation rate of your country is 10% then whatever was worth $100 last year is worth $110 this year. This is the effect of inflation.
How do you compare inflation rate in India with world inflation rate?
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.
What is the inflation rate of India?
It is currently 11.05%. This is the highest in the last 13-months.
What is the highest inflation rate ever recorded in the US?
During 1980 it was 13.58%
Which country is in news for reporting the worlds highest inflation rate of more than million percent?
That sounds like Zimbabwe. They are printing 100trillion dollar notes!
Which country has The highest female circumcision rate?
The country with the highest female circumcision rate is Egypt.
Could you tell me some points on Inflation rate its advantage and disadvantage?
Inflation rate of a country is the rate at which the price of essential commodities in a country is increasing. There is no specific advantage of Inflation, but all country's need to have inflation. If prices of commodities do not go up, then the country's economy is said to be in a stand still. An inflation rate of around 5% is considered a healthy inflation rate and it represents an economy that is growing at a steady pace Disadvantages: When the inflation of a country goes beyond control say for example 10% or more then it has a lot of ill effects on the country & its citizens 1. The spending power of the common man comes down 2. Essential commodities prices shoot up and people cannot afford things like food, clothing & shelter etc...
How does the CPA help calculate inflation rate of a country?
We mean cpi and it helps calculate the inflation rate of the country by tracking the changes over time in the prices paid by consumers for a basket of goods and services
