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| Name | Current Affairs - Retail Inflation: Causes, Concerns and Way Forward. |
| Video Uploader | Video From BYJU'S IAS |
| Upload Date | This Video Uploaded At 30-01-2020 06:59:06 |
| Video Discription | India's retail inflation rate is now at a 5-year high in December 2019, it reached 7.35% breaching the upper-limit of 6% set by the RBI. Inflation is the constant rise in the general level of prices where a unit of currency buys less than it did in prior periods. It indicates a decrease in the purchasing power of a nation’s currency. A shortage of onions drove the surge in December 2019, according to The Hindu newspaper. Overall, food inflation rose to 14.12% in December as against a negative rate of -2.65% in the same month of the previous year. It was also significantly higher than the 10.01% recorded in November 2019. Along with vegetables, high prices of pulses, meat and fish also contributed to last month’s spike. The inflation in ‘pulses and products’ was recorded at 15.44%, while for ‘meat and fish’ it was nearly 10%. The last time retail inflation touched 7.39% was in July 2014. The video lecture discusses all aspects from CSE point of view. #RetailInflation #CSE2020 #IndianEconomy Happy Learning! BYJU'S IAS |
| Category | Education |
| Tags | Education Download MP4 | Education Download MP3 | Education Download MP4 360p | Education Download MP4 480p | Education Download MP4 720p | Education Download MP4 1080p |
