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Activity:
Question posted: 04 18 2009 18:58:18 +0000,
2 answers, 257 views, last activity
07 06 2010 20:18:08 +0000
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Is zero percent inflation good for economy ? If not what is ideal inflation rate?
Top Answer :
Rating : +1
Dear Santosh,
Zero percent inflation is not good for the economy, rather is a sign of deflation and slowwdown.
Ideal inflation in a developing country like India has to be between 4-5%. In the developed countries it has to be around 1-2%. This inflation is essential for a smooth economy.
by
Japan Shah, H.O.D, Oxford School of Management
| 05 08 2009 05:35:48 +0000
2 Answers for "Is zero percent inflation good for economy ?"
Prev1NextShowing 1 - 1 of 2
Not Rated
Definitely not!! Recently in Japan inflation touched zero levels which is not good for the economy of the country and regarding ideal inflation rates Mr.Shah has alrready mentioned it.
Prev1NextShowing 1 - 1 of 2
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