Thok Mahangai at its lowest in 8 years
In a welcome relief for the common man, wholesale inflation (WPI) for May 2021 has come down to 3.48%, the lowest in the last three years. The WPI for April 2021 was at 7.39%. Additionally, the Consumer Price Index (CPI) for May 2021 has also shown a decrease, with the retail inflation rate coming in at 4.25%, down from 4.29% in April 2021. Here are the key takeaways:
Thok Mahangai lowest in 8 years: The wholesale inflation rate for May 2021 is 3.48%, the lowest it has been in the last three years. This is good news for consumers as it means that prices of goods bought in bulk, such as grains, vegetables, and fruits, have reduced significantly.
Retail inflation down too: The retail inflation rate for May 2021 has come down to 4.25%, from 4.29% in April 2021. This means that the prices of goods and services that consumers buy on a regular basis have also reduced slightly.
Food prices still high: While the overall inflation rate has reduced, food prices are still high. The food inflation rate for May 2021 is at 5.01%, down from 5.84% in April 2021, but still higher than the overall inflation rate.
Government’s measures working: The reduction in inflation rates can be attributed to the government’s efforts to control prices, such as increasing supply of essential commodities, regulating exports, and implementing price controls.
Overall, the reduction in inflation rates is a positive sign for the Indian economy and consumers. However, the government needs to continue its efforts to control prices, especially food prices, to ensure that the common man is not burdened with high costs of living.
Source:
1. Aaj Tak: 8 साल में थोक महंगाई सबसे कम, सस्ती हुईं ये चीजें
2. ABPLIVE: खाने-पीने की चीजों के दाम घटने का असर, मई में खुदरा महंगाई दर 4.25%
3. अमर उजाला: WPI: थोक महंगाई तीन वर्ष के निचले स्तर पर; मई में 3.48% की कमी आई, जानें क्या कहते हैं आंकड़े
4. Jansatta: Jansatta Editorial : महंगाई घट कर पिछले पच्चीस महीनों के निचले स्तर पर पहुंची
5. दैनिक जागरण (Dainik Jagran): दो साल के निचले स्तर पर आई खुदरा महंगाई दो-तीन महीने इसी स्तर पर रहेगी..
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