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  • Effects of Inflation

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    Economic Effects of Inflation may be low or high depending on the rate of inflation and whether its effect is favourable or unfavourable. Effects on different section of society Wage earner. Producer. Borrower and Government. India after independence has had a more stable record with respect to inflation than most other developing countries. Since 1950, the inflation in Indian economy has been in single digits for most of the years.

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    Economic Effects of Inflation may be low or high depending on the rate of inflation and whether its effect is favourable or unfavourable. Effects on different section of society Wage earner. Producer. Borrower and Government. India after independence has had a more stable record with respect to inflation than most other developing countries. Since 1950, the inflation in Indian economy has been in single digits for most of the years.

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    24 views5 pages

    Effects of Inflation

    Uploaded by

    gopitoday
    Economic Effects of Inflation may be low or high depending on the rate of inflation and whether its effect is favourable or unfavourable. Effects on different section of society Wage earner. Producer. Borrower and Government. India after independence has had a more stable record with respect to inflation than most other developing countries. Since 1950, the inflation in Indian economy has been in single digits for most of the years.

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    Effects of Inflation

    The economic effects of inflation are all pervasive. It affects all those who depend on the market for their income and supplies. The effects of inflation may be low or high depending on the rate of inflation and whether its effect is favourable or unfavourable.

    Economic effects on different section of society


    Wage earner. Producer. Borrower and Lender Government.

    Effects of inflation in Indian Economy


    India after independence has had a more stable record with respect to inflation than most other developing countries. Since 1950, the inflation in Indian economy has been in single digits for most of the years.

    Between 1950-1960 The inflation on an average was at 2.00%


    Between 1960-1970 The inflation on an average was at 7.2% Between 1970-1980 The inflation on an average was at 8.5%. Inflation At Present The inflation ended at a low of 0.61% in the week ended May 9, 2009 The inflation rate at high of 12.91 % in August 2008, bringing in a sigh of relief to policymakers.

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