Sunday, April 24, 2022

Double-digit inflation for a year: 6th spell since 1953 & 1st in 25 years

In March this year, India completed 12 successive months of double-digit wholesale price inflation (WPI inflation). This is the sixth occasion when inflation has remained over 10% for a year or longer, and it came more than a quarter of a century after the last such episode — between March 1994 and May 1995.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nG9eP3T

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