Is inflation now become a reality in all countries

India
August 24, 2022 8:03am CST
Sri Lanka and later Pakistan faced the crisis of inflation. Inflation is a problem in India too. Is it the sam ein other countries also? At this rate, what could happen in the near future? A gas cylinder costs now more than rupees on e thousand. Vegetable prices have also skyrocketed. hen even middle class families wil find it dificult to bear the cost, we can only wonder how difficult it ill be for the poor familied to ber the costs
3 people like this
4 responses
@Beestring (13306)
• Hong Kong
24 Aug 22
Hong Kong's inflation rate as of June 2022 was 1.8%. According to some forecast, the average inflation rate in 2022 will be about 2.2%. The situation is not too bad here.
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@DaddyEvil (137145)
• United States
24 Aug 22
Prices for food has risen by 10.4% between June 2021 and June 2022 in the US. I doubt any country globally has not been hit by inflation.
• India
24 Aug 22
So the condition is extremely bad in United States?
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@DaddyEvil (137145)
• United States
24 Aug 22
@Bhurishrava I wouldn't say extremely bad but it could always get worse.
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@marguicha (215346)
• Chile
24 Aug 22
There is a worldwide crisis.
• China
24 Aug 22
Yes, prices have been rising