The pain of the consumer: High inflation will first reduce discretionary spending, and may have bigger second-round impact

UPSC Practice recommends The pain of the consumer: High inflation will first reduce discretionary spending, and may have bigger second-round impact.

This is the first of a series of commentaries on inflation and its implications Inflation – as measured by the consumer price index – rose to a 16-month high in March 2022 and is widely…

Courtesy: Times of India Opinion

Learn more