ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Price Rise Gathering Momentum

The impact of the devaluation of the rupee and the budget proposals has been marked on the pace of price rise. THE wholesale price index recorded a growth of 6.1 per cent during the first 18 weeks of 1991-92 on a point-to-point basis as compared to 3.3 per cent last year. However, if one measures the rise on an average basis, it was notably higher at 11 per cent as against 9.1 per cent in the comparable period of 1990-91.

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