Inflation rises to 9.89%

Common folks are bound to suffer because the wholesale price-based inflation rose to 9.89% in the last month compared to 8.56% in the first month of the year. If the prizes are compared on year to year basis than the price of the sugar rose by 55.47%, pulses by 35.58%; petrol and diesel 11.73% and 9% respectively.

And there is no end in sight to this problem as the economists are warning that the inflation would go up in the coming months. The RBI had projected that the inflation could touch 8.5% by the year end but that barrier is already broken.

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