New Delhi. All the opposition parties are busy besieging the Modi government at the Center on the issue of price rise. In such a situation, in this report, we are going to tell you about such a news related to inflation, after knowing which all opposition parties including Congress can be shocked and BJP lovers can be happy. Come, let us tell you the whole matter in detail.
Recorded fall in inflation rate
Actually, there is good news from the inflation front. There has been a significant decline in the inflation rate. Explain that a decline in the inflation rate has been recorded. Compared to September, there has been a decline in the inflation rate in October. The inflation rate in September was 7.11 percent. At the same time, the inflation rate has come down to 6.11 percent in October. There has been a decline in the wholesale inflation rate in 19 months, for which the policies of the Modi government are being praised. According to the data presented by the Ministry of Commerce, the inflation rate based on Wholesale Price Index has come down to 8.39 percent in the month of October. It was at 10.7 percent in September. WPI inflation was in double digits in September, but has come down to single digits in October. Come, let us know further that what is the reason behind the low inflation rate.
Reason for low inflation rate
On the other hand, if we talk about the reason for the low inflation rate, then many reasons are being given behind it. Due to the disruptions in the supply chain, the inflation rate has also come down. Apart from this, the turmoil started in geopolitical activities is being seen as the main reason for the fall in the inflation rate. However, despite the fall in the inflation rate, the RBI’s target remained above. In such a situation, what is the situation on the economic front in the coming days? All eyes will be on this. Till then, keep reading to be aware of all the big news of the country and the world. anytv.com