Inflation Subject :Economy Since January 2022, rural retail inflation has never been lower than urban numbers in the country. Details: In 2021, rural inflation was higher than urban inflation just once in 2021, (May 2021) and for eight months in 2020. West Bengal showed the highest inflation rate at 8.94 per cent. Rural […]

    Inflation Subject: Economy Section: Inflation Context: The world and India are witnessing a resurgence of food inflation. And with the UN Food and Agriculture Organization’s (FAO) food price index hitting new highs, it has reignited memories of the last great commodity inflation (from the mid-2000s till around 2012-13, briefly interrupted by the 2008-09 […]

    Inflation Subject : economy Section: Inflation Context: Inflation has become a problem in India once again, well before it emerged globally and in the advanced countries as a major concern. In India, inflation rates of 6 per cent and above were evident even during the pandemic collapse, when much of the rest of […]

    INFLATION TOPIC: Economy Context- Retail inflation based on CPI hit a seven-month high topping 6 per cent in January. In contrast, producers’ inflation, based on WPI, dropped to 12.96 per cent in January. Concept- Inflation: Inflation refers to the rise in the prices of most goods and services of daily or common use, […]

    Inflation Subject – Economy Context – At 5.3%, retail inflation softens further in Aug on cheaper food Concept – To know about retail inflation, please click here. To know about retail vs WPI inflation, please click here.

    Inflation Subject – Economy Context – inflation in India could be less transitory than in the US. Concept – Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc. Inflation measures the average price change in a […]

    Inflation Subject: Geography In news:  There Visible signs of economic rejuvenation and reduced inflation pressures: FM Nirmala Sitharaman The inflation is cooling down to 5.78 percent in July, after hovering around the 6.25-6.3 percent-mark in May-June. The net market borrowing of the Centre and states is lower than the last fiscal. A robust […]

    Inflation Subject: Economy Context: While Covid has destroyed our way of life, few predicted how global shutdowns of factories, refineries, and mines could impact prices. Concept: Cost-push inflation occurs when overall prices increase (inflation) due to increases in the cost of wages and raw materials. Higher costs of production can decrease the aggregate […]