2024-09-16 23:38:53
New Delhi: Inflation has troubled people even in America, the country with the largest economy in the world. According to a report, it is becoming difficult for one-third of the country’s population to manage household expenses. In July, 37.4 percent of adults said that they are facing difficulty in managing family expenses. The biggest problem is in Mississippi state. Here 49.5 percent people say that they are not able to arrange for money for basic things. This number is 45.5 percent in Alabama, 43.5 percent in West Virginia and 43.1 percent in Louisiana. There are 10 states in America where 40 percent of adults say that it is becoming difficult for them to manage household expenses. All this is happening at a time when consumer credit card debt in the country has crossed one trillion dollars. It is clear that the cost of food items, rent and utilities is increasing faster than the salary growth of people. Last year the inflation rate in the country was 3.2 percent which has come down to 2.5 percent this year. But it is still difficult for the common man to run his household. Not only America, the entire world is suffering from inflation at this time.
Where is inflation the highest?
Argentina is facing the maximum impact of inflation. The inflation rate there has reached 237%. Syria is at second place. The inflation rate in this country which has been facing the brunt of civil war for a long time is 120%. It is 51.9% in Turkey, 35.5% in Venezuela, 35.4% in Lebanon, 9.6% in Pakistan and 11.66% in Bangladesh. The inflation rate in India is 3.65%. Currently, the lowest inflation is in China. The inflation rate there is 0.6 percent. It is 1.1% in Italy, 1.6% in Saudi Arabia, 1.7% in Ireland, 1.8% in France, 1.9% in Sweden, 1.9% in Germany, 2% in South Korea and 2.12% in Indonesia.