Inflation Rates - August 2023

Explore the inflation rates for various countries in August 2023:

Country	Inflation Rate (%)	Description
🇻🇪 Venezuela	398%	Venezuela has been experiencing hyperinflation for several years, resulting in a very high inflation rate.
🇱🇧 Lebanon	252%	Lebanon faces severe economic challenges, including high inflation, due to political and financial instability.
🇸🇾 Syria	139%	Syria's inflation rate remains high due to ongoing conflict and economic disruptions.
🇦🇷 Argentina	124%	Argentina has struggled with inflation, and the government has implemented measures to stabilize the economy.
🇹🇷 Türkiye	58.94%	Turkey's inflation rate has been a concern, and the government is taking steps to address it.
🇪🇬 Egypt	37.4%	Egypt's inflation rate is influenced by various economic factors, and efforts are made to manage it.
🇵🇰 Pakistan	27.4%	Pakistan faces inflation challenges, and the government aims to control it through economic policies.
🇳🇬 Nigeria	24.08%	Nigeria's inflation rate reflects economic conditions and government interventions.
🇭🇺 Hungary	16.4%	Hungary's inflation rate is influenced by domestic and international economic factors.
🇰🇿 Kazakhstan	13.1%	Kazakhstan's inflation rate is affected by economic developments and government policies.
🇵🇱 Poland	10.1%	Poland's inflation rate is closely monitored, and measures are taken to maintain economic stability.
🇧🇩 Bangladesh	9.69%	Bangladesh's inflation rate is influenced by factors such as food prices and global economic trends.
🇷🇴 Romania	9.43%	Romania's inflation rate is subject to economic fluctuations and government policies.
🇺🇦 Ukraine	8.6%	Ukraine faces inflation challenges, and economic stability efforts are ongoing.
🇨🇿 Czechia	8.5%	Czechia's inflation rate reflects economic conditions and monetary policies.
🇸🇪 Sweden	7.5%	Sweden's inflation rate is influenced by economic developments and government strategies.
🇦🇹 Austria	7.5%	Austria manages inflation through fiscal and monetary measures, considering both domestic and global factors.
🇮🇳 India	6.83%	India's inflation rate reflects various economic factors and government policies.
🇬🇧 UK	6.8%	The United Kingdom monitors inflation closely to maintain economic stability.
🇰🇪 Kenya	6.7%	Kenya's inflation rate is influenced by economic conditions and government interventions.
🇮🇪 Ireland	6.3%	Ireland's inflation rate reflects economic developments and government measures.
🇩🇪 Germany	6.1%	Germany's inflation rate is subject to economic fluctuations and policy decisions.
🇦🇺 Australia	6%	Australia manages inflation to ensure economic stability and growth.
🇫🇮 Finland	5.6%	Finland's inflation rate reflects economic conditions and government policies.
🇮🇹 Italy	5.53%	Italy's inflation rate is influenced by domestic and international economic factors.
🇵🇭 Philippines	5.3%	The Philippines faces inflation challenges influenced by various economic factors.
🇷🇺 Russia	5.2%	Russia manages inflation through economic policies and global economic conditions.
🇳🇴 Norway	4.8%	Norway's inflation rate reflects economic developments and monetary policies.
🇫🇷 France	4.8%	France monitors inflation to ensure economic stability and growth.
🇿🇦 South Africa	4.7%	South Africa's inflation rate is influenced by domestic and global economic conditions.
🇲🇽 Mexico	4.64%	Mexico manages inflation through economic policies and international economic factors.
🇧🇷 Brazil	4.61%	Brazil's inflation rate reflects economic conditions and government strategies.
🇸🇬 Singapore	4.1%	Singapore manages inflation to ensure economic stability and growth.
🇺🇸 USA	3.7%	The United States monitors inflation to maintain economic stability and price stability.
🇰🇷 South Korea	3.4%	South Korea's inflation rate is influenced by economic conditions and government interventions.
🇮🇱 Israel	3.3%	Israel's inflation rate reflects various economic factors and government policies.
🇯🇵 Japan	3.3%	Japan manages inflation through monetary policies and economic developments.
🇨🇦 Canada	3.3%	Canada's inflation rate is influenced by economic conditions and fiscal measures.
🇮🇩 Indonesia	3.27%	Indonesia faces inflation challenges influenced by various economic factors.
🇳🇪 Niger	3.05%	Niger's inflation rate reflects economic conditions and government interventions.
🇳🇱 Netherlands	3%	The Netherlands manages inflation through economic policies and global economic conditions.
🇪🇸 Spain	2.6%	Spain's inflation rate is influenced by domestic and international economic factors.
🇩🇰 Denmark	2.4%	Denmark's inflation rate reflects economic developments and monetary policies.
🇦🇪 UAE	2.05%	The United Arab Emirates manages inflation to ensure economic stability and growth.
🇸🇦 Saudi Arabia	2.0%	Saudi Arabia's inflation rate is influenced by domestic and global economic conditions.
🇨🇭 Switzerland	1.6%	Switzerland's inflation rate reflects economic conditions and monetary policies.
🇹🇭 Thailand	0.88%	Thailand manages inflation through economic policies and international economic factors.
🇨🇳 China	0.1%	China's inflation rate is closely monitored to maintain economic stability and growth.
🇦🇲 Armenia	-0.2%	Armenia faces deflation, which can have economic implications and is monitored by the government.
🇸🇨 Seychelles	-2.44%	Seychelles experiences deflation, which can impact economic conditions and consumer behavior.
🇦🇫 Afghanistan	-6.5%	Afghanistan faces deflation, which can have complex economic consequences in a post-conflict environment.