inflation are increase to 2.86 percentage on the the month of March

Retail inflation increase to 2.86% on month March

Retail inflation saw a marginal rise of 2.86 per cent in March this year on account of increase in prices of food articles and fuel. Well there are many reasion to increase Inflation such as population, poverty and poor Government policy etc.

According to the data released today by the Ministry of Statistics and Programme Implementation, the inflation based on the Consumer Price Index was 2.57 per cent in February this year. On a yearly basis day by day Inflation are raised and now it come again raise its head, it was 4.28 per cent in March 2018.

Well new data released by the Central Statistics Office are showed that inflation in food basket rose to 0.3 per cent in March from (-) 0.66 per cent in the previous month. It will be bad for poor people of the country. If inflation are raised than its not only effect people well its effect that country economy.

Government of the India are must take action on this topic. Well its bad effect are now seen in future as well. The rate of price rise was also higher in the 'fuel and light' category. The inflation in the segment rose to 2.42 per cent as against 1.24 per cent in February.

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