In some states in the country the inflation rate is below 4 percent.
A few days ago, the retail inflation figures had crossed 5 per cent. At the same time, the wholesale inflation figures also hit a 16-month high. It clearly means that the inflation in the country has left the common people breathless. The RBI’s target range for inflation is 4 to 6 per cent. Inflation above 6 per cent means that the RBI and the government are unable to control inflation. If we talk about the last one year, the retail inflation in the country has only been seen above 6 per cent twice. Whereas, it has been six months since the inflation in the country has been above 5 per cent.
On the other hand, there are some states in the country where inflation has not created any fuss. The special thing is that the inflation rate in these federated states remains at 4 percent or less. In which the capital of the country is Delhi, West Bengal is located in the eastern part of the country, Punjab is in the western part of the country and Himachal and Uttarakhand are in the northern part. We also tell you what inflation rate was seen in these states in the month of June.
Inflation in these states is less than 4 percent.
According to data from the Ministry of Statistics and Programme Implementation, the inflation rate in the national capital Delhi in the month of June was 2.18 percent. Which is the least seen across the country. After that, the inflation rate in Uttarakhand was 2.89 percent in the month of June. Punjab has also been seen among the states with the lowest inflation rate. In the month of June, 3.81 percent was recorded here. In Himachal Pradesh too the inflation rate has been less than 4 percent. In the month of June, an inflation rate of 3.86 percent was recorded here. While in West Bengal too the inflation rate stands at 4.03 percent.
What were the numbers for the last year?
If we look at the overall inflation of the country, inflation has not dropped below 4 percent even once in the past year. What is special is that twice a year the inflation rate exceeded 6 percent. In July 2023, the inflation rate was 7.44 percent. In August, inflation dropped slightly, but stood at 6.83 percent. In the past year, the inflation rate has been above 5 percent for 6 months. There have been six months when the inflation rate has been below 5 percent. Before June, the inflation rate in the months of March, April and May of the current year has been below 5 percent.
The highest inflation in these states
On the other hand, there are some states that have breached the RBI’s high inflation band. According to government data, the highest inflation in the month of June was recorded in Odisha, where it was 7.22 per cent. On the other hand, Bihar also recorded an inflation rate of over 6 per cent, at 6.37 per cent. On the other hand, Karnataka can also be retained in this list. According to the data, the inflation rate in Karnataka has been 5.98 per cent.
