{"id":2596,"date":"2024-06-13T23:53:43","date_gmt":"2024-06-13T23:53:43","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=2596"},"modified":"2024-06-13T23:53:43","modified_gmt":"2024-06-13T23:53:43","slug":"hry-has-highest-inflation-rate-in-region-hplowest","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/hry-has-highest-inflation-rate-in-region-hplowest\/","title":{"rendered":"Hry has highest inflation rate in region, HP\nlowest"},"content":{"rendered":"

Despite showing signs of easing, the prices in Haryana continue to remain above the comfort levels for both the rural and urban Population<\/a> as the state endures a significantly high rate of compared to other states in the region and

\r\n \r\n \r\n \r\n \r\n <\/svg>\r\n
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The sustained high level of inflation has put a continued strain on the pocket of the Haryana residents, affecting the overall cost of living. Inflation refers to the rate of increase in prices over a given period of time, lowering the purchasing power of consumers and pushing the cost of living.<\/p>\n

Despite the rate falling below theReserve Bank of Indias (RBI) upper Tolerance<\/a> limit of 6%, the inflation rate of the state remained higher than the all-India level, which stood at 4.70%.<\/p>\n

Haryana featured among the states with the high rate of inflation, which was largely pushed by the surge in clothing, fuel and housing prices. Telangana<\/a> (6.02%) and Uttarakhand (6.04%) are the other states which reeled under significantly higher rates of inflation.<\/p>\n

The other states with high rates of inflation include Kerala (5.63%),Tamil<\/a> Nadu(5.61%),Bihar(5.33), Uttar Pradesh (5.29%) andAndhra Pradesh(5.18%). The price data is collected by the field staff of the NSO by visiting selected 1,114 urban markets and 1,181 villages covering all the states and UTs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite showing signs of easing, the prices in Haryana continue to remain above the comfort levels for both the rural and urban Population as the state endures a significantly high rate of compared to other states in the region and at the national level. The sustained high level of inflation has put a continued strain … Read more Hry has highest inflation rate in region, HP
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