IS inflation really 7.41% only ?
by Joyee Funee on Apr 11, 2008 01:17 PM Permalink
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Is really just 7.41% School and College fees rise by 100% (iim just doubled its fee in this term) Hospitalisation - its more than 2 to 3 times the cost was 4 years back Realty market : suddenly trippled in last 2 years ( and most of land in Mumbai is acquired by politicians like Narayan Rane, Deshmukh etc..) Essential Commodity Price : is 3 to 4 time higher than it was in NDA regime Share Market : During NDA rule it was 5500 pints when UPA won the election 4 time rise in price and it is currently 16000 Petrol and diesel : 50% up from NDA regime price of Rs. 35 per litre How can we say just 7.41% inflation can any one explain ?
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RE:IS inflation really 7.41% only ?
by newbloger on Apr 11, 2008 01:27 PM Permalink
Very valid question. Especially, people who need to buy new house, for them inflation is 300% and not 7.41% because biggest part of thir earning will be going to repay the debts.
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