{"id":5352,"date":"2024-06-14T02:00:58","date_gmt":"2024-06-14T02:00:58","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5352"},"modified":"2024-06-14T02:00:58","modified_gmt":"2024-06-14T02:00:58","slug":"state-inflation-dips-below-7-but-still-highest-in-country","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/state-inflation-dips-below-7-but-still-highest-in-country\/","title":{"rendered":"State inflation dips below 7%, but still highest in country"},"content":{"rendered":"

‘s Consumer Price Index dipped below 8% in April for first time in two years, but its Inflation<\/a> rate remains highest in the country at 6.4%. Though the drop was significant, experts believe lowering prices will help reduce inflation asper Reserve Bank of Indiaguidelines.<\/p>\n

As per new economic parameters, inflation below 10% is referred to as a walking or moderate inflation, with the rate of increase in prices is in the intermediate range of 3 to less than 10%. Different types of inflation have different guidelines and parameters. Till recently, Telangana had an inflation rate in the range of 8-10%.<\/p>\n

Along with Telangana, the only two states with an April inflation rate of more than 6% are Uttarakhand and Mizoram. Inflation in neighbouring Andhra Pradesh was around 5% akin toUttar Pradesh, Rajasthan, Haryana,Tamil<\/a> Nadu, and Kerala. In April, the country’s inflation rate was encouraging at 4.7%, well within RBI’s acceptable limits.<\/p>\n","protected":false},"excerpt":{"rendered":"

‘s Consumer Price Index dipped below 8% in April for first time in two years, but its Inflation rate remains highest in the country at 6.4%. Though the drop was significant, experts believe lowering prices will help reduce inflation asper Reserve Bank of Indiaguidelines. As per new economic parameters, inflation below 10% is referred to … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1097],"tags":[635],"class_list":["post-5352","post","type-post","status-publish","format-standard","hentry","category-telangana","tag-03-05-23"],"yoast_head":"\nState inflation dips below 7%, but still highest in country - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/state-inflation-dips-below-7-but-still-highest-in-country\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State inflation dips below 7%, but still highest in country\" \/>\n<meta property=\"og:description\" content=\"‘s Consumer Price Index dipped below 8% in April for first time in two years, but its Inflation rate remains highest in the country at 6.4%. 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