Get ready to be arrested by inflation! Grocery, toiletry, medicines to get costlier soon

New Delhi: Despite constant reassurances by Finance Minister P Chidambaram that inflation will subside in the third quarter (Q3) of financial year 2013–14 (FY’14), there seems no such indication. On the contrary, prices of consumer goods are geared up to take a leap in Q3 FY’14.

 












The month of October (first month of Q3) witnessed double-digit retail inflation at 10.09%, basically accelerated by vegetables and other food items. Even though the food inflation may recede in the following months, the processed goods shall pinch consumers’ pockets.Read more at-http://daily.bhaskar.com/