Post Profile






Inflation Has Cost Indian Consumers $129 Billion Over The Last 3 Years

Indian consumers have lost about $128.7 billion to inflation in the last three years, largely pushed by rising food and fuel prices, according to The Economic Times (via research firm Crisil). Rising costs have chipped away at the purchasing power of the rupee. The report pointed out that food inflation was at 11.6% during 2008-09 to 2010-11, compared with the 5.7% rate of non-food inflation.
read more

share

Related Posts


Static Consumer Prices Signal Cooling Inflation

Business & Finance : Wall St. Cheat Sheet

Consumer prices were flat in November as a decline in fuel prices was offset by rising food prices, signaling that inflation is cooling and giving the Federal Reserve more room to enact policies to aid in the economic recovery...

The cost of living is rising, but we’re far from runaway inflation

Business & Finance : Ezra Klein

Social Security benefits are increasing for the first time since 2009, rising 3.6 percent after cost-of-living adjustments. The increase was largely fueled by a spike in energy and food prices. But economists say they don’t expect t...

Consumer prices rise on gas costs; annual inflation rate remains low

Business & Finance : Money & Co

WASHINGTON -- Higher gas costs helped push consumer prices up in last month by the largest margin in six months, but the annual inflation rate remained low, the Labor Department said Thursday.

Food Prices Rising Amid Tame Inflation

Business & Finance : Inc. Business Owners Council

Consumer prices have made their smallest yearly gain in five years. Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame. The consumer price ind...

Nigeria: Cost of food fuels inflation

Business & Finance : Business Report

Nigeria’s annual consumer price inflation edged up last month to 7.8 percent from 7.7 percent in February as food prices rose, the statistics bureau said on Monday. ||| NIGERIA Cost of food fuels inflation Nigeria’s annual consumer ...

Comments


Copyright © 2016 Regator, LLC