Inflation rises to 0.26 per cent from 0.18 per cent

The inflation in India rises to 0.26 per cent for the weekended on April 11. For the two consecutive week the inflation rate recorded a fall. The rise in inflation is would be a good sign for the economy as its values around zero for around a month.

Despite fall in the inflation rate there is no major fall in the wholesale price index in India. The fall in marginal and the concern of the people about the market price they have been paying for the essential goods.

Considering the lower inflation rate in India, the Reserve Bank of India has been approaching banks to lower interest rates. The big question is that the government has pumped huge money into the system through various stimulus packages and the velocity of the money supply might be a concern in future.

If the inflation rises further and the supply of money in the system need to be checked. While the government would exercise various fiscal measures to check the inflation and its impact on the economy.