News > India's households wrestle with inflation as incomes dip

India's households wrestle with inflation as incomes dip

Tea, edible oil, pulses, meat, cooking gas and services have gone up by 20%-40% since the COVID-19 pandemic began in early 2020 - hurting consumers while their incomes have fallen below levels seen before the health crisis.

Retail prices have risen nearly 10% in the last two years compared with 8% in the previous five-and-half years after PM Modi came to power in 2014, an analysis of inflation data compiled by the Ministry of Statistics showed.