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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<p style="text-align:justify">In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India&rsquo;s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.</p>
<p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more.&nbsp;</p>
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<p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far</em></p><p style="text-align:justify">In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336" title="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more. </p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f00adcd4edf-trace').style.display = (document.getElementById('cakeErr67f00adcd4edf-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f00adcd4edf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f00adcd4edf-code').style.display = (document.getElementById('cakeErr67f00adcd4edf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f00adcd4edf-context').style.display = (document.getElementById('cakeErr67f00adcd4edf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f00adcd4edf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<p style="text-align:justify">In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India&rsquo;s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.</p>
<p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more.&nbsp;</p>
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<p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more.&nbsp;</p>
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Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/price-pinch-editorial-on-the-impact-of-inflation.html"/>
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The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far
In India, price inflation has been creeping up in the recent..."/>
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<strong>Price pinch: Editorial on the impact of inflation</strong></h1>
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<p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far</em></p><p style="text-align:justify">In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336" title="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more. </p> </font>
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header - [internal], line ??
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Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f00adcd4edf-trace').style.display = (document.getElementById('cakeErr67f00adcd4edf-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f00adcd4edf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f00adcd4edf-code').style.display = (document.getElementById('cakeErr67f00adcd4edf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f00adcd4edf-context').style.display = (document.getElementById('cakeErr67f00adcd4edf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f00adcd4edf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<p style="text-align:justify"><em>The Reserve Bank of India&rsquo;s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far</em></p>
<p style="text-align:justify">In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India&rsquo;s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.</p>
<p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more.&nbsp;</p>
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<p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more. </p>
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<p style="text-align:justify">In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.</p>
<p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more. </p>
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The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far
In India, price inflation has been creeping up in the recent...'
$disp = '<p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far</em></p><p style="text-align:justify">In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336" title="https://www.telegraphindia.com/opinion/price-pinch-editorial-on-the-impact-of-inflation/cid/1876336">click here</a> to read more. </p>'
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LATEST NEWS UPDATES | Price pinch: Editorial on the impact of inflation | Im4change.org
Price pinch: Editorial on the impact of inflation
-The Telegraph
The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far
In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component of retail prices faced by consumers, grew by 7.75% in June 2022 on a year-on-year basis. The WPI figure is an indication of rising costs faced by businesses in wholesale trade. The data indicate that not only retail prices are squeezing the ordinary consumer but the immediate future also looks gloomy because of rising business costs. The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far. The impact on consumers is that their loan repayment instalments are higher with higher interest rates and fresh loans are more expensive. On top of all these woes, the Government of India has decided to revise and raise the goods and services tax on a number of goods and services affecting the ordinary consumer. This set of revisions includes a number of food items, hospital rooms, hotel rooms, bank cheques, LED lamps and solar heaters. These are not only essentials but also items that need to be made attractive to consumers, such as alternative and energy-efficient equipment. Similarly, the tourism and business travel industries had been languishing during the pandemic. Making hotel rooms more expensive is not good news for this sector. Traders across the board are unhappy with these revisions and the complications arising from frequent changes in rates.
