Top 10 Countries by Inflation | Top 10 Countries by Inflation Rate | Countries by Inflation Rate

Описание: The word inflation is derived from Latin. "Inflatio" means something like "to inflate" or "swell" in some languages. In economics, inflation describes the continuous, permanent increase in the price of a good or service.

Conversely, this means that the increase in the price of your money means that you have less purchasing power. A reduction in purchasing power or currency devaluation are the direct consequences of the price increase.

Inflation occurs, for example, when demand is greater than supply, or when a central agency such as the US Federal Reserve intervenes with a measure such as quantitative easing and an increase in the money supply.

Inflation therefore has a direct impact on purchasing power and is an important measure for every citizen around the world. After all, nobody wants their money to lose value. Nevertheless, inflation occurs every year all over the world. For this reason it is important that the rate of inflation is kept low.

Of course, this is not always successful. Disasters such as the Second World War or a pandemic or economic crisis can lead to a significant devaluation of money and ensure that citizens get less for their money than a year ago. By the way, it is assumed that an annual inflation rate of 2% is appropriate.

But how has the inflation rate developed over the last 60 years and in the countries of this world? Well, the following video provides the answer. Have fun !

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Data source: worldbank.org

Music: Envato