More in rural areas than in cities due to sharp rise in food and fuel prices
New Delhi: It is generally heard that the effect of inflation in villages is less, but in the last few months, inflation has been higher in villages than in cities and this is evidenced by official data. In April this year, the inflation rate in villages was 8.38 per cent, while it was 7.09 per cent in cities. Overall inflation stood at 7.79 per cent. Inflation in March was 6.95 per cent and 7.66 per cent in rural areas.
In April, rural inflation crossed 10 per cent in four states. These include Telangana (10.26 percent), Madhya Pradesh (10.12 percent), Haryana (10.25 percent) and West Bengal (10.53 percent). Rural inflation was above 9 per cent in states such as Uttar Pradesh, Assam and Maharashtra. Experts attributed the rise in food prices to increase in food prices in rural areas as well as increase in fuel prices. Vegetables, fuel, electricity, transport, fruits and spices were among the five items whose retail prices increased the most in April this year.
In fact, according to the way retail inflation has been measured, more than Rs 50 is spent on food and drink in rural areas. About Rs 8 is spent on fuel and electricity while Rs 36 is spent on food and drink in cities. 5 rupees are spent on fuel and electricity. The rise in crude oil prices led to a rise in kerosene prices. According to experts, in states where inflation is more than 10 percent, there may be a supply disruption in rural areas. This may also increase the prices.