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Hopeful horizons

78 10
06.10.2024

In September 2024, the Consumer Price Index (CPI) dropped to 6.9 per cent, a significant decline from 31.4 per cent in September 2023. This means the overall rate of price increases has slowed down considerably. While prices are still rising, they are doing so at a much slower pace. Notably, compared to September 2023, the price of wheat flour has actually fallen by a substantial 37 per cent, sugar by 15 per cent, masoor pulses by 7.5 per cent, rice by 7.0 per cent, and ghee by 6.0 per cent. Hard data speaks for itself. Numbers don't tell tales.

Remember the nightmare of May 2023? Motor fuel skyrocketed by a staggering 64 per cent. It was a time of unprecedented struggle. Gas charges surged by 63 per cent, leaving households in a state of severe suffering. Electricity bills shot up by 59 per cent, plunging us into difficulties unlike anything we had ever experienced. It was a time of immense hardship. We didn’t just endure........

© The News International


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