INFLATION ANALYTICS IN INDIA
- Credit Rating Agency in India
- Economy Overview
- INFLATION ANALYTICS IN INDIA
In common parlance, inflation implies a general increase in prices and fall in the purchasing value of money. The simplest and classic definition of inflation for about a hundred years has been “too much money chasing too few goods”. The inflationary spiral stems from high oil prices, disruptions in supply chain, particularly post Ukraine war, reduced production of goods, surge in wage bills and excessive deficit financing.