ExplainSpeaking: Why Govt of India is wrong to claim inflation hit the rich more than the poor - The Indian Express


5/16/2022 12:00:00 AM2 years 11 months ago
by Udit Misra

High inflation in one year feeds into higher prices in the subsequent years even if the inflation rate, per se, moderates. In India, it is the urban poor who are the worst affected by high inflation

ExplainSpeaking-Economy is a weekly newsletter by Udit Misra, delivered in your inbox every Monday morning. Click here to subscribeDear Readers, Last week, Indias Finance Ministry claimed that infla… [+9558 chars]

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