Friday, May 30, 2008

Inflation is 8.1% in India

All are aware of the recent inflation thats happening in India, but one thing i have observed is, whenever prices go high and come down after some days or months the people who increased the prices of the goods carry the same high prices. Government must take action and it should avoid problems happening due to this issue.

What are your opinions?

1 comment:

Anonymous said...

INflation is addon and compounded...just as inteterst rates...if interest rates is decreased from 4% to 2 % that doesn't mean a decline of 2% for the previous rates