Which was the year of hyper inflation in India?
India: Inflation rate from 1986 to 2026 (compared to the previous year)
| Characteristic | Inflation rate compared to previous year |
|---|---|
| 2019 | 4.76% |
| 2018 | 3.43% |
| 2017 | 3.6% |
| 2016 | 4.5% |
What was the highest inflation rate in India?
Historically, from 1969 until 2013, the inflation rate in India averaged 7.7% reaching an all-time high of 34.7% in october 1974 and a record low of -11.3% in May 1976. The inflation rate for Primary Articles is currently at 9.8% (as of 2012).
What is CPI inflation India?
CPI Inflation Rate October, IIP Growth Rate September 2021: The retail inflation, measured by the Consumer Price Index (CPI), slightly rose to 4.48 per cent in October. Separately, the factory output, measured in terms of Index of Industrial Production (IIP), grew by 3.1 per cent in September.
What caused inflation in Hungary?
Due to the reduced tax base, the government resorted to printing money, and in 1923 inflation in Hungary reached 98% per month. Between the end of 1945 and July 1946, Hungary went through the highest inflation ever recorded.
What caused the Hungarian inflation?
Causes of Hungary’s 1946 Inflation Hungary’s agricultural sector was hit especially hard by the Great Depression, and the country’s mounting debt forced the central bank to devalue the currency to cover costs by loosening financial and monetary policy.
WHO calculates WPI?
Ministry of Commerce and Industry
In India WPI is also known as the headline inflation rate . In India, Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commerce and Industry calculates the WPI.
How can I view the historic inflation rate in India?
In case you click on CPI India plus year in the inflation table, you will be directed to a page showing the historic inflation rates of that specific year in India. Using the tabs you can switch between the historic CPI inflation overview and the historic HICP inflation overview.
How do I view the current HICP and CPI inflation rates?
In case you click on the name of a country in the inflation table, a page showing the current HICP inflation rates of that country will open. Using the tabs you can switch between the current HICP inflation overview and the current CPI inflation overview.
What is the harmonised inflation rate?
The harmonised inflation rates are based upon the harmonised consumer price index (HICP). The index is a measure of the average price which consumers spend on a for European countries market-based ‘basket’ of goods and services.
What does HICP stand for?
Current harmonised inflation (HICP) – This page features an overview of current harmonised inflation by country or region. The harmonised inflation rates are based upon the harmonised consumer price index (HICP).