INFLATION IN BRICS

EFFECT OF INFLATION

PRESENTED BY: GROUP 2 & 6

INFLATION
Inflation refers to a general rise in prices measured against a standard level of purchasing power.

Previously the term was used to refer to an increase in

the money supply, which is now referred to as expansionary monetary policy or monetary inflation. Inflation is measured by comparing two sets of goods at two points in time, and computing the increase in cost not reflected by an increase in quality.

INFLATION
CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy.The

prevailing view in mainstream economics is that inflation is caused

by the interaction of the supply of money with output and interest rates. Concepts include: deflation, a general falling level of prices;

disinflation, the reduction of the rate of inflation; hyper-inflation,

an out-of-control inflationary spiral; stagflation, a combination of inflation and poor economic growth; and reflation, which is an attempt to raise prices to counteract deflationary pressures.

COMPARATIVE INFLATION BRICS DURING JUL 2012

8.00% 7.00% 6.00% 5.00% 4.00% 3.00% INFLATION JUL 12

2.00%
1.00% 0.00% BRAZIL RUSSIA INDIA CHINA SOUTH AFRICA

BRAZIL

BRAZIL
The inflation rate in Brazil was recorded at 4.92 percent in June of 2012. Historically, from 1980 until 2012, Brazil Inflation Rate averaged 419.2800 Percent reaching an all time high of 6821.3100 Percent in April of 1990 and a record low of 1.6500 Percent in December of 1998. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation

are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole
of the domestic economy. This page includes a chart with historical data for Brazil Inflation Rate

2012/July 4.92

2011 6.5

2010 5.91

2009 4.31

2008 5.9

2007 4.46

RUSSIA

RUSSIA
The inflation rate in Russia was recorded at 4.3 percent in June of 2012. Historically, from 1991 until 2012, Russia Inflation Rate averaged 160.3 Percent reaching an all time high of 2333.3 Percent in December of 1992 and a record low of 3.6 Percent in April of 2012. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Russia Inflation Rate. 2012/july 2011 2010 2009 2008 2007

4.3

6.1

8.8

8.8

13.3

11.9

INDIA

INDIA
The inflation rate in India was recorded at 7.25 percent in June of 2012. Historically,

from 1969 until 2012, India Inflation Rate averaged 8.0200 Percent reaching an all time
high of 34.6800 Percent in September of 1974 and a record low of -11.3100 Percent in May of 1976. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for India Inflation Rate.

2012/july

2011

2010

2009

2008

2007

7.25

7.5

9.47

14.97

9.7

5.51

CHINA

CHINA

The inflation rate in China was recorded at 2.2 percent in June of 2012. Historically, from 1994 until 2012, China Inflation Rate averaged 4.2900 Percent reaching an all time high of

27.7000 Percent in October of 1994 and a record low of -2.2000 Percent in March of 1999.
Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the

domestic economy. This page includes a chart with historical data for China Inflation Rate.

2012/july 2.2

2011 4.1

2010 4.6

2009 1.9

2008 1.2

2007 6.5

SOUTH AFRICA

SOUTH AFRICA
The inflation rate in South Africa was recorded at 5.5 percent in June of 2012. Historically, from 1981 until 2012, South Africa Inflation Rate averaged 9.6900 Percent reaching an all time high of 20.8000 Percent in January of 1986 and a record low of 0.1000 Percent in January of 2004. Inflation rate refers to a general

rise in prices measured against a standard level of purchasing power. The most
well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for South Africa Inflation Rate. 2012/july 5.5 2011 6.1 2010 3.5 2009 6.3 2008 9.5 2007 8.9

SOURCES
1. http://www.tradingeconomics.com 2.GOOGLE.COM 3.WTO

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