ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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PRICES- Inflation Gathering Momentum

PRICES Inflation Gathering Momentum THE wholesale price index recorded a growth of 13.1 per cent in the calendar year 1991 on a point-to-point basis on top of an increase of 12.6 per cent in 1990 (Table 1). This rate of inflation is the highest since 1983. On an average basis, the rate of increase was 11.3 per cent in 1991 as against 9.2 per cent in 1990.

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