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 the 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
On the other hand, if we talk about the reason for the low inflation rate, then many reasons are being told behind it. The manner in which the constraints have arisen in the supply chain has also resulted in a decline in the inflation rate. Apart from this, the upheaval started in geopolitical activities is being seen as the main reason for the decline in inflation. However, despite the decline in inflation, the RBI’s target remained high. Now in such a situation, what kind of situation can be seen in the coming days on the economic front. Everyone’s eyes will be fixed on this. Till then, keep reading to be aware of all the big news of the country and the world. anytv.com