Inflation India – Data – 10 Years (2008-2017)
‘ Inflation ‘ – the word is much more concern anywhere in the world. As a part of the economy, the inflation decides the price of any good or services. It predominantly needs for the government with their production and correlated with the Gross Domestic production (GDP).
In our country, the inflation has ups and downs and with an average of 6 – 7 % for the last few years. So, while we are planning for our Financial goals like Education, Retirement planning – it’s so important to move for the future.
Financial Goals are stick with the inflation and that is the reason for entering the stock market to reach our goals at good. Recently, the Reserve Bank of India (RBI) also keenly watching the inflation data or statistics according to Interest Rate cuts. The Bank interest also down in the recent, as inflation matters.
Today’s 100 rupee is not a worth it be in the next year or after 10 years. So, we just given the inflation data here for the last 10 Years – 2008 to 2017. you can understand how it is going on.
The above data shown here for the last 10 years from the year 2008 to 2017(based on Consumer price index – CPI) and it also detailed by monthly. you can also see the negative (Deflation) of some months.
INFLATION TAKES FROM THE IGNORANT AND GIVES TO THE WELL INFORMED
The Inflation Risk is a part of our life and we can’t avoid this one, but we can beat the inflation by investing in a better products like stocks, business or any other alternative investments which gives a better return than inflation.
Kindly share your views / comments with a smile 🙂
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