The country’s general or point-to-point inflation increased to 7.93 per cent in April from 7.74 per cent in March mainly because of disruption in supply chain amid political unrest that pushed up food prices. Food inflation increased to 8.68 per cent in April from 7.50 per cent
inflation
Inflation rises faster in urban areas
Analysts blame rising consumer prices on bad roads and a lagged effect of monetary expansion Inflation accelerated faster in urban areas than in rural settings in July, partly because battered roads disrupted the supply chain, analysts said yesterday. The analysts also linked the jump in consumer prices to a lagged effect of high monetary expansion. ... Read more