When people get out of the lockdown in India and get back to work/shopping, the one noticeable change that they are going to find is in the prices. All the discounts have disappeared! A meal that I would cost me about Rs. 300 now costs me Rs. 550. The cab ride which I would have got for Rs. 150 is now Rs. 290. Even the cost of FMCG products is up by 10%-20% now. What gives?
Inflation in the times of COVID
Inflation in the times of COVID
Inflation in the times of COVID
When people get out of the lockdown in India and get back to work/shopping, the one noticeable change that they are going to find is in the prices. All the discounts have disappeared! A meal that I would cost me about Rs. 300 now costs me Rs. 550. The cab ride which I would have got for Rs. 150 is now Rs. 290. Even the cost of FMCG products is up by 10%-20% now. What gives?