Abstract
An overall rise in inflation can be seen reflected in the Consumer Price Index (CPI), which is the weighted average of prices for a variety of goods and services. The products that are included in the index are chosen on a case-by-case basis, taking into account the kinds of things that are considered to be typical of a given consumption basket. The index takes into account a variety of factors, such as the general consumption patterns of the population and the country in question. The weight of each individual item in the market basket is factored into the calculation of the overall CPI. The purpose of this study is to investigate the various rates of inflation experienced by nations located all over the world and report the findings of our findings once the investigation has been completed. The development of an interactive dashboard that makes use of a user interface that is built on top of the web is the primary goal of this project. The dashboard is going to be put to use to research on the inflation rates of several different countries.
The user interface of the visualization dashboard was developed to make it simple for users with varying levels of technical expertise to comprehend the fundamental components of the data that is being displayed. The dataset was converted to JSON format and saved in a local file so that it could be used more easily in the research that is now being conducted.
The user interface of the Visualization Dashboard was developed to make it easy for users with both technical and non-technical backgrounds to comprehend the data points that are considered to be the most important. Users can to easily contribute to the analysis process thanks to the extensive selection of charts and data visualization tools that are provided by the dashboard.
Businesses will have a much easier time spotting patterns and trends as a direct result of this effort, which will, in turn, lead to enhanced decision-making on their behalf. The majority of businesses make use of a wide array of services, the majority of which are expensive and need a substantial amount of time to monitor, such as software that tracks metrics and web analytics. These services are typically utilized by businesses.