The majority of the Indian states face Inflation in April
Households across the country are experiencing more hardship because some states are more affected by inflation than others, as the relentless rise in prices of everyday-use items continues to push them to the breaking point.
CPI inflation rose to a nearly 8-year high of 7.8% last week, but four states — West Bengal, Madhya Pradesh, Haryana, and Telangana — registered 9%. The data show that CPI for the period under consideration broke 8% in seven other states of the country.
According to the reports, the above-mentioned states have been facing more pretense due to the Ukraine conflicts. Owing to the Ukraine conflicts, these states were affected by damage to supplies.
Furthermore, Kerala and Tamil Nadu states posted 5% in April.
Highest States in April
|Jammu & Kashmir||8.0|
Lowest Inflation States in April
According to economists known for their work, such high pretense in these states is due to two factors: one is a higher rural economic penetration rate, and another one is the fact that fuel duties vary between the states.
It is important to note that rural inflation increased by 8.4%, while in urban it rose by 7.1%.
Since May 2014, headline inflation has reached the highest level of 8.33% in May.