What causes inflation in India: Demand or supply issues? Subject :Economy Section: Inflation and Unemployment Context: Typically, inflation in India is primarily influenced by factors related to supply but there are times when demand factors also play a significant role, according to an article published by the Reserve Bank of India as a part of their December bulletin. What is Inflation? Inflation, as defined by the International Monetary Fund, is the rate of increase in prices over a given period, encompassing a broad measure of […]