Which state is most inflated in India?

States that recorded inflation rate higher than the national average are Andhra Pradesh (8.06%), Gujarat (7.95%), Haryana (7.95%), Madhya Pradesh (8.65%), Maharashtra (8.03%), Odisha (8.06%), Rajasthan (7.45%), Telangana (8.67%), Uttar Pradesh (7.79%) and West Bengal (9.44%).

Which state in India has least inflation?

Though Kerala is among the states that witness the lowest inflation rate in the country, this is the highest rate that the state recorded in the last one year.

What is state wise inflation in India?

According to the data, the Inflation rate in Telangana is 8.82%, Andhra Pradesh is 7.93%, Haryana is 7.79%, Madhya Pradesh is 7.49% and West Bengal is 7.71% in October 2022. Delhi has the lowest inflation rate of 2.99% in the same time period.

How much inflation states 2022 in India?

The RBI projects the real GDP growth projection at 6.8% in 2022-23 and at 7.1% for Q1 2023-24. The central Bank projects inflation at 6.7% in 2022-23, with Q3 at 6.6% and Q4 at 5.9%. CPI inflation for Q1 2023-24 is projected at 5% and for Q2 at 5.4%.

Is US inflation higher than India?

The gap between India's current inflation (7%) and the 6-year average (4.5%) is also not very high, compared to that of the US.

Why Inflation Rate Varies across States? | Know all about it | UPSC | StudyIQ IAS

What is the highest inflation rate in India?

During the observation period from 1960 to 2021, the average inflation rate was 7.5% per year. Overall, the price increase was 7,704.85%. An item that cost 100 rupees in 1960 costs 7,804.85 rupees at the beginning of 2022. For November 2022, the year-over-year inflation rate was 5.4%.

Which state is richest in India in 2022?

India's richest province of Maharashtra is the nation's best performer, state rankings released by a domestic credit rating company showed, highlighting its robust position on finances and social indicators.

Why Kerala has low inflation?

One of the reasons that have been cited for the relatively lower food inflation rate in Kerala has been its robust public distribution system (PDS). This has resulted in keeping the prices of essential items in check.

Which state has lowest inflation?

Which Indian state is fastest growing economy?

Gujarat's Gross State Domestic Product (GSDP) at the constant price has increased at compounded annual growth rate (CAGR) of 8.2 per cent.

Which is the lowest income state in India?

As you know there are some poor state in India, just like some of the Richest states. List Top 10 poorest states in India. Bihar, Jharkhand and Uttar Pradesh have emerged as the poorest states in India, according to NITI Aayog's Multidimensional Poverty Index (MPI).

Which is the most underrated state in India?

Where should I invest to beat inflation in India?

Why Kerala is richest state in India?

The primary sector of the state is mainly based upon Cash crops. Kerala produces a significant amount of national output of the cash crops such as coconut, tea, coffee, pepper, natural rubber, cardamom, and cashew in India.

Why Kerala is the best state to live?

It was declared by the U.N. as the only state in the country which lies in the very high Human Development Index (HDI) in the year 2013. 2. Kerala is the only state in the country that's almost met the U.N.'s standard, bringing Infant Mortality Rate (IMR) down to 6 per 1000 live births. 3.

Is inflation a problem in India?

As a result, India is importing high global inflation. This problem could intensify, if the rupee depreciates further, as advanced country central banks continue to tighten monetary conditions by raising interest rates. Finally, cereal inflation remains exceptionally high, at 13%.

Which country has highest inflation?

Double-Digit Inflation in 2022

Globally, Zimbabwe, Lebanon, and Venezuela have the highest rates in the world. *Inflation rates based on the latest available data.

Why is India's inflation rate high?

India imports nearly 80 per cent of the crude oil for the country's demand. Therefore, high crude oil prices leads to increase in cost of other goods due to rise in raw material, production, and transportation cost.

What is the inflation rate in Delhi?

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 10.7% (Provisional) for the month of September, 2022 (over September, 2021) against 12.41% recorded in August 2022.