Submitted by adebar t3_zhqabn in dataisbeautiful
av1998 t1_izoqy9g wrote
South Africa and India seem to always be experiencing inflation pain, while Switzerland doesn’t seem to experience any inflation at all. Why?
Aggressive_Bed_9774 t1_izr1n51 wrote
don't know about south africa but , in India the target inflation range is 2-6% which is what the inflation is most of the time
the reason for the range upper limit being so high is that its not a problem when the GDP growth rate is also high
as for Switzerland, https://www.reddit.com/r/dataisbeautiful/comments/zhqabn/oc_inflation_heatmap_for_44_european_other_dm_and/izr0qam?utm_medium=android_app&utm_source=share&context=3
faha03 t1_j03j818 wrote
This is not our problem, we will not participate in this. 😉
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