Retrieve inflation data from The World Bank data base (http://databank.worldbank.org/data/home.aspx) for India, Spain, and South Africa for 2011–2015. Prepare a chart that compares India, Spain, and South Africa based on the data. Describe the key differences between the countries. Rank these countries as high-, medium-, and low-income. Explain what is surprising or expected about the data.

The data associated with inflation are the symptoms referred to as world development indicators.

The data provided below is taken from the link of The World Bank database in respect to India, Spain, and South Africa regarding inflation:

After observing the above data, a comparison is often made that India and African country has the very best rate of inflation as compared to Spain. This ratio indicates that India and African countries are often considered within the rankings as middle-income countries and Spain has often been placed as a high-income country therefore the reason for these rankings is their rate of inflations because the countries which are having high inflation rates are considered as either low or middle-income countries as their policymakers aren't capable to be told the negativity or they're not having proper tools to handle the results of inflation. The high-income countries, on the opposite hand, have less inflation.

Now, the info above gives a surprising thing which about the country Spain i.e. its reducing rate of inflation even after the recession period. This much lower rate is additionally not good for the health of a country's economy as this means that the companies over there are considering the acquisition of the items within the future when the costs are much lower which ends up in lower expenditure as an entire but it also makes the income of them stable. This stability in their income makes any interest on debt liability on them a burden which affects plenty to them.