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Current inflation position in India

Updated: 11/4/2022
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explain the inflationary position in India. describe its causes and mention the steps taken by rbi governor to control inflation

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What is the current inflation rate in India as on 15th Dec 2008?

6.85%


Current inflation rate in India?

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gaandu singh vedi


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The larger the deficit the more inflation there will be. The government will print more money in the hopes of being able to get out of the deficit easier.


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What has been the inflation rate of India in the last ten years?

http://tradingeconomics.com/india/inflation-cpi


How do you compare inflation rate in India with world inflation rate?

Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.


Inflation in India in march 2009?

On March-7 inflation was 0.44


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What is the current inflation rate in India and what effects of inflation in India?

Current inflation in India is a bit volatile. However, given different estimated values of commonly understood inflation in India, the Wholesale Price Index for all commodities is 156.8 for the month of October 2011 with a base of 2004-05=100. Inflation is the rate of change over any reference period. So, If we compare the figure with October 2010, the inflation is around 9.5 percent. However, wholesale price index (WPI) is not the only indicator to understand inflation. There are other indicators such as Consumer Price Index (CPI). Even within WPI and CPI there are also divisions for different groups of population. In India, for such subgroups inflation is measured by finding the rate of change in such indices for groups like agricultural labourers, urban non-manual employees, Industrial workers and so on. For a detailed description on inflation in Indian context, one may refer to the link <http://lokkatha.com/150/index.php/economics/55-inflation-a-price-rise-in-essential-commodities-a-consumers-perspective> Inflation & Price Rise in Essential Commodities: A Consumer's Perspective


What will bi the formula of inflation?

Current year's inflation - last year's inflation / last year's inflation * 100 e.g ((B-A)/A)*100