Discover and read the best of Twitter Threads about #VegetableInflation
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Opposition is screaming about Inflation,but India under @narendramodi has curbed #Inflation,versus global peers
#VegetableInflation in India is minus 1.92% in May&Food inflation 5.01%
Globally,#FoodInflation up 39.7%, Cereal up 36.6%,Wheat price up 28% &Maize 89.3%
My thread👇
#VegetableInflation in India is minus 1.92% in May&Food inflation 5.01%
Globally,#FoodInflation up 39.7%, Cereal up 36.6%,Wheat price up 28% &Maize 89.3%
My thread👇
Globally #Inflation is rising because of co-ordinated fiscal stimulus,that has led to asset prices,zooming;For instance,annualized inflation in USA is 9.7%;2yrs back,US was in throes of #Disinflation
$6 trillion stimulus by #Biden has led to too much money chasing too few goods
$6 trillion stimulus by #Biden has led to too much money chasing too few goods
For those wanting to know why the difference in #WPI&CPI,figures well,weights of items in CPI are based on average household expenditure,taken from consumer expenditure surveys
Weightage of Primary articles in #CPI is 55%+,with Food group alone having weight of 39.06%
#Inflation
Weightage of Primary articles in #CPI is 55%+,with Food group alone having weight of 39.06%
#Inflation
