Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24).
Retail inflation figures in Telangana, Haryana, Rajasthan and Dadra and Nagar Haveli have been higher than national numbers every month of this financial year, shows a Business Standard analysis of state-wise figures, after the March inflation data was released on Friday.
Experts noted that persistent high food inflation along with differences in the weights of rural and urban indices plays into the regional variation in inflation rates.
"As food inflation has been high, inflation in states which are producers tends to be slightly lower than those which get these products from other states," said Madan Sabnavis, chief economist at Bank of Baroda.
Diese Geschichte stammt aus der April 16, 2024-Ausgabe von Business Standard.
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