Inflation in India - What Is It Telling Us?

India's w p i figure the moment, it stands at a whooping 14 point two %. Prices have increased by a staggering 14 % in november 20 21 compared to the same period last year. Even on the services side, prices are rising. Telecom companies have hike prices by 25% after along. Hietis recreation and amusement inflation is also at its highest since 20 12. If people are still holding on to their purse strings, they have little incentive to high prices. But make no mistake, companies can't keep absorbing costs forever.