My photo
mandsaur, m.p., India
i m eager to meet my dreams for future

Thursday, January 13, 2011

FOOD INFLATION

kicked by inflation
INFLATION, The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. FOOD INFLATION means is that the prices of vegetable, eggs, fish marine and fruits are increasing from general level of prices. food is the basic need of every men who live on earth. prices of food should accommodate for every citizens because there are rich, poor, & middle class families which are directly related to food inflation. The latest food inflation numbers, which showed a marginal decline to 16.9% in the week to January 1, it is set to give relief to govt. because this was 18.3% in previous week.Vegetable prices rose 3.84% week-on-week and were up 71% year-on-year. Onion prices were up 71% year-on-year while fruit rose 17.71% and eggs, meat and fish rose 16.70% year-on-year.the middle class people are facing a big problem with dealing to food inflation because they have their month spends only on useful things like vegetable, meal, and fruit or other 100 things & in this condition it is to difficult to manege this inflation.Rich and poor are few affected with this inflation because rich gets rich and they have no major problem in inflation and poor are getting poor and they are depended on other like a beggar is used to beg to having food why do he keep relation to food inflation. this day onion 's rate are increasing like mercury in thermometer during fever.


No comments:

Post a Comment