Inflation in India
Retail inflation rate based on Consumer Price Index (CPI), on an annual basis raised to 7.79 percent in April 2022. Point to point rate of inflation based on the Consumer Price Index – AL (Agricultural Laboures) and CPI-RL ( Rural labourers) stood at 6.44% & 6.67% in April, 2022 compared to 6.09% & 6.33% respectively in March, 2022. The same inflation rate stood at 2.66% and 2.94% respectively during the April of the previous year.
After implementation of GST by Gov on common daily items as Milk,Rice,Grains,Pen,Ink,Paper etc the condition of common man is about to become worse.
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