You know prices are heading north. You begrudgingly accept this reality. But a few weeks later, india announces the official inflation figures. It's up, but it's not too ad. How come? Well, you remember reading a news article on line talking about the method used to price rice. And it hits you, the calculation also includes prices of items like sedes and casettes. These prices rarely matter to the indian consumer, and yet they feature in the official inflation statistics. Sure, they may not skew the figure a lot, but you're angry that the government hasn't up dated the list since 20 12. The second order effects are already in play,
In today’s episode for 15th March 2022, we’ll tell you a story about wartime inflation and explain how all of this impacts you. It’s part fiction, part truth.