Wednesday, 3 December 2014

A Comment on reports that Inflation is at multi-year lows

My Comment on an article "Inflation at multi-year lows but RBI's Rajan didn't cut rates" published in the economictimes.com Dated 02/12/2014 at 3:20 pm.


"It is silly to say inflation has reduced. Where is the decrease in food grains, pulses and dairy products? 

Short period reduction in vegetables and fuel prices can't be termed as decrease in inflation. 

Real fall in inflation should result in decreased food cost, rents and transportation, etc. Then only can you tag it as fall in inflation."

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