rate of inflation in india over a period of time and in some of the major economies of the world.
In India the inflation seems to have peaked back in early last year and is tapering off thanks to the steps taken by the RBI. But as can be seen we still have high inflation rate CPI due mainly buoyant food prices led price rise which is not able to meet the huge demand supply gap owing to many factors. some GDP growth rate got sacrificed in checking the inflation. however if the RBI and the govt remains serious in controlling inflation and due to the actual effect coming after 4-6 month of recent rise in repo and reverse repo rates measure if the inflation rates gets checked below 6-7 mark till first quarter next year then it will be better as a whole for the economy.
