Is Inflation coming back?
First the petrol prices and now the LPG fuel prices are getting costlier every passing day. Reports state that the LPG prices have risen over 40% since previous year. As the fuel prices increase, the cost of transportation will increase which will in turn increase the cost of the product. Likewise, the LPG would not only impact households but industrial use is going to be affected as well.
It’s a straight equation that any rise in cost at the seller side will hike the prices for the buyer’s side and that is what we can expect leading to something which everyone wonders: Whether inflation is coming back?