Inflation on a Slight Downturn in India

InflationAccording to recent reports, it has been revealed that the inflation in India has taken a downturn after a long time and is now stable. The prices of food have come down, and the costs of potatoes and fruits have fallen down by substantial limits.

Despite these reported falls, it has been announced that monetary tightening is going to continue, though there might e a little less stress laid on the same from now on. The reports are of the view that wholesale price index of food has risen from 7.78% to 9.13%.

The index has seen a drop to 189.0. The people of the nation have long been suffering from upheavals in price due to inflation. The day to day life of the common man has become excessively difficult and there is need for the Government to regulate he prices well so that the commoner does not have to suffer as always.

The inflation has put the population of the country in a very awkward position and there is absolute need to make sure that there is something done about the same by the government.

"Food prices are notorious for being volatile”, Mr. Hajra said.