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Which state has the highest retail inflation in India at 8.32% through 2022?

Correct Answer : Option (B) - Telangana

Telangana Tops Inflation Chart At 8.32%, together with West Bengal (8.06%) and Sikkim (8.01%), report charges nicely above the nation’s 6.8%. 

India’s retail inflation has been a bugbear for the economic system because it surged previous 6% in January, however there are huge disparities within the tempo of worth rise skilled by customers throughout the nation, with a dozen States clocking a median inflation of lower than 6% and one other 12 States averaging over 7% by way of 2022 thus far.  
Whereas headline inflation measured by the Client Value Index has averaged 6.8% within the first seven months of 2022, nicely above the 6% higher tolerance threshold set by coverage makers.
Retail costs in States like Kerala (4.8%), Tamil Nadu (5.01%), Punjab (5.35%), Delhi (5.56%), and Karnataka (5.84%) have been rising at lower than 6%. Smaller States like Manipur, Goa and Meghalaya have had a median inflation of lower than 4% by way of this era, at 1.07%, 3.66%, and 3.84%, respectively.

As many as 14 States, together with the erstwhile State of Jammu & Kashmir, have witnessed worth rise increased than the nationwide common by way of 2022, with all however two of those States seeing increased than 7% inflation. Shoppers in Telangana, West Bengal and Sikkim confronted the steepest spike in costs, with their mixed retail inflation for rural and concrete areas averaging 8.32%, 8.06%, and 8.01%, respectively.
A number of the different main States the place inflation has stayed sharply elevated embody Maharashtra and Haryana (7.7%), Madhya Pradesh (7.52%), Assam (7.37%), Uttar Pradesh (7.27%), Gujarat and J&Ok (7.2%), in addition to Rajasthan (7.1%)..

Source : The Hindu

Published On : August 31, 2022
Category : Indian Economy