Inflation rate of Syrian Arab Republic soared by 56.85% from 2.8 % in 2009 to 4.4 % in 2010. Since the 54.99% slump in 2007, inflation rate slumped by 5.97% in 2010.
The description is composed by our digital data assistant.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. Data for inflation are averages for the year, not end-of-period data.