South Asia inflation rate for 2023 was 6.38%, a 1.29% decline from 2022.
South Asia inflation rate for 2022 was 7.67%, a 2.33% increase from 2021.
South Asia inflation rate for 2021 was 5.34%, a 0.32% decline from 2020.
South Asia inflation rate for 2020 was 5.66%, a 2.03% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.