India vs US Inflation rates from 2013 to 2023
US vs India Inflation Rate
Inflation affects everything from the cost of groceries to the economy's overall health. US inflation rate 3.70% (Sept 2023) & India 4.87% (Oct 2023).
2013
The inflation rate in India was at 10.02% while in US it was 1.46%
2014
The inflation rate in India decreased to 6.67% while US saw a rise to 1.62%
2015
Both the countries saw a drop in inflation rate. In India the average rate was 4.91% and US was only 0.12%
2016
The Inflation rate in both the countries increased. In India the rate was 4.95% while in US it was 1.26%
2017
The inflation rate in US continued to increase while India saw a drop. In India the rate was 3.33% while in US it was 2.13%
2018
The inflation rate in both the countries increased. While in India the rate was 3.94%, in US it was 2.44%
2019
In 2019, both the countries saw a decline in inflation rate. In India the rate was at 3.73% while in US it was 1.81%
2020
While US saw a decline in Inflation rate, India saw a rise. The inflation rate in India was 6.62% while in US it was 1.23%
2021
In 2021, the inflation rate in India declined to 5.13% while in US it rose to 4.7%
2022
Both the countries saw a rise in Inflation rate. In India the rate was at 6.7% while in US it was at a whopping 8%