How current inflation rate compare with the interest rates

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Go to your country's government's statistical collection webpage (see the Net Value box for this chapter).

(a) Find or calculate the most recent inflation rate. Wha t has been the trend in the inflation rate over the last two years?

(b) How does the current inflation rate compare with the interest rates offered at banks and other financial institutions for savings accounts? Can you estimate the real interest rate available for your savings?

(c) How does inflation in your country compare with inflation elsewhere? Find a country with particularly low inflation (or high deflation) and a country with particularly high inflation.

Reference no: EM131374752

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