Friday, March 27, 2009

how inflation attack

Bitter sweet

Then: 1 kg burfi was Rs 35-40 in 1992
Now: Rs 210-240, a 500% rise in 17 years
Then: At the same rate, 1 kg will cost Rs 1,260-1,440 in 2026

The prices of ingredients used for making sweets have not risen so fast and most of the inflation is due to sharp rise in wage and fuel costs.

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