India’s retail inflation surged to 7.79% in April 2022, the highest since may 2014.

This data was released by the National Statistical Office (NSO) on Thursday. At 7.79%, the consumer price index (CPI) inflation for April is higher than the March number of 6.95%.

Earlier this month, RBI Governor Shaktikanta Das had said,

“inflation was expected to elevated in April“

RBI may have to kill demand, hike, rate, suck liquidity

Now inflation is the biggest threat to economy. Three fourth of the CPI is due to war risk. The rupee also dropped to its lifetime low of 77.44 against the dollar earlier this week.

In next 6-8 months, all central banks including RBI will be KILLING WHATEVER DEMAND there was in the economy in their fight to contain inflation

So think before you plan your investments !

Don’t waste your money on unnecessary things.