Rising prices of rice, milk, tea, vegetables and some manufactured products made sure that inflation is at all time high at 7.57% for the week ended 19th April. Despite taking fiscal and monetary steps taken by Government, Inflation is not under control, which is a cause of worry for many.

Middle class and Lower middle class people are affected by the continuous rise in prices of essential commodities. Despite government’s ban on export of few commodities prices have not cooled off.

This entry was posted on Friday, May 2nd, 2008 at 8:37 am and is filed under Inflation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.