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    The Statistics Portal

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    inflation pdf

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    The Statistics Portal

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    lekha
    inflation pdf

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    Download as pdf or txt
    of 4

    1/8/2017

    InflationrateinIndia20102020|Statista

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    Inflation rate in India from 2010 to 2020 (compared to the previous year)

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    India's inflation rate and economy

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    Inflation rate in India 2010-2020

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    The statistic shows the inflation rate in India from 2010 to 2016, with projections up until 2020. The inflation rate is
    calculated using the price increase of a defined product basket. This product basket contains products and services, on

    Print the statistic with all relevant


    which the average
    data. consumer spends money throughout the year. They include expenses for groceries, clothes, rent,

    power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In
    2015, the inflation rate in India was around 4.91 percent compared to the previous year. See figures on India's

    Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to
    deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The
    inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and
    how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and
    mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate
    of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was
    purchasing than he would have done in 2010.

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    Indias inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010.
    Indias economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt
    decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more

    Monthly inflation rate in India 2016

    than 9 percent of GDP.


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    Monthly inflation rate in Russia 2016

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    Inflation rate compared to previous year

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