India Among Countries With Less Than 5% Inflation Rate, Take a Look Where Others Stand in World Inflation Rate 2023

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âš¡India Among Countries With Less Than 5% Inflation Rate, Take a Look Where Others Stand in World Inflation Rate 2023

By Subhash Kamble

India Among Countries With Less Than 5% Inflation Rate, Take a Look Where Others Stand in World Inflation Rate 2023

The inflation rate is the percentage increase in the general price level of goods and services over a specific period, usually measured annually. It indicates the rate at which prices are rising and is an important economic indicator used to assess the impact of inflation on the economy.