India's inflation slows to 3.16%

India's inflation slows to 3.16%



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India's inflation has gone down to 3.16% which is a decline which has continued for 6 month.
In 2020, the inflation rate was 6.62% and 2021 was 5.13% and 2022 was 6.7% so it is going down big time, it nearly went half.
The causes of inflation before was demand-pull inflation, cost-push inflation, and global economic influences, India was growing in a crazy way too.
The Russia/Ukraine war also had a big effect in India's inflation, but it's cooling down now.



India's inflation slows to 3.16%

India's inflation has gone down to 3.16% which is a decline which has continued for 6 month.
In 2020, the inflation rate was 6.62% and 2021 was 5.13% and 2022 was 6.7% so it is going down big time, it nearly went half.
The causes of inflation before was demand-pull inflation, cost-push inflation, and global economic influences, India was growing in a crazy way too.
The Russia/Ukraine war also had a big effect in India's inflation, but it's cooling down now.

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