INFLATION

Meaning;- The term Inflation means Rise in Price for commodities and fall in purchasing power by the consumer. The term Inflation is present in all the economy of world. It is governed by the Demand, Supply, Price, Expenditure and Revenue Measures. The govt controls inflation by Monetary and Fiscal Measures with the Support of RBI and Planning commission of India

Inflation in India

CPI ;- 7.65%

CPI RL;- 7.38%

CPI UB;- 8.36%

WSI;- 6.55%

Consumer Price Inflation all over India Jan 2012

Products
Cereals Pulses Oil /Fats Egg/Fish/Meat

Rural Urban
3.44 5.19 12.65 10.71 0.79 6.64 15.11 9.82

Combined
2.69 5.66 13.47 10.45

MILK
Condiments/ Spices Vegetables Fruits

16.54
11.35 -22.33 9.91

16.35
12.89 -30.15 11.59

16.53
11.83 -24.83 10.62

Sugar

1.95

1.43

1.84

Non Alcoholic -Beverages Prepared Meals

11.34 10.23

11.74 10.65

11.52 10.39

Food/ Beverages
Fuel/ Lights Cloth/bed/footwear

4.18
13.70 13.78

3.98
12.43 15.39

4.11
13.13 14.25

Overall Inflation

7.38

8.25

7.65