SBI Ecowrap Report- india has the lowest inflation compared to developed countries, better management

SBI said in the ECORAP report that in this era of global uncertainty, india is looking like a ray of hope. It has outperformed developed countries such as the US, UK, and germany on food prices, cost of living, and energy.

Inflation is the lowest in india as compared to developed countries (indicative picture).

SBI Ecowrap Report- india has the lowest inflation compared to developed countries, better management

SBI said in the ECORAP report that in this era of global uncertainty, india is looking like a ray of hope. It has outperformed developed countries such as the US, UK, and germany on food prices, cost of living, and energy.

Inflation is the lowest in india as compared to developed countries (indicative picture).

Central banks around the world are aggressively raising interest rates to control rising inflation amid fears of an economic recession. india has also increased its policy rates. But, on the front of managing inflation, india has done better than developed countries like the US, the UK, and Germany. Compared to september 2021, it is found that compared to these countries, inflation has increased the least in India.

SBI said in the ECORAP report that in this era of global uncertainty, india is looking like a ray of hope. It has outperformed developed countries such as the US, UK, and germany on food prices, cost of living, and energy. Cost comparisons in different countries have been done by converting to rupees instead of their currency. sbi Chief Economist Soumya Kanti Ghosh said since the start of the ukraine conflict, prices have risen sharply on various fronts in both advanced and emerging economies. Caught in the vortex of uncertainties, economies are getting destroyed. But, india is doing well on the back of solid management.

That's why inflation is increasing in Asian countries: IMF

IMF chief Kristalina Georgieva said inflationary pressures continue to rise in Asian countries due to a slowdown in major economies. Due to this, there is a possibility of a two percent decline in the global growth rate. The last time such pressure was seen was during the global financial crisis of 2009 and the corona pandemic. Central banks around the world are aggressively raising interest rates to control rising inflation amid fears of an economic recession. india has also increased its policy rates. But, on the front of managing inflation, india has done better than developed countries like the US, the UK, and Germany. Compared to september 2021, it is found that compared to these countries, inflation has increased the least in India.

SBI said in the ECORAP report that in this era of global uncertainty, india is looking like a ray of hope. It has outperformed developed countries such as the US, UK, and germany on food prices, cost of living, and energy. Cost comparisons in different countries have been done by converting to rupees instead of their currency. sbi Chief Economist Soumya Kanti Ghosh said since the start of the ukraine conflict, prices have risen sharply on various fronts in both advanced and emerging economies. Caught in the vortex of uncertainties, economies are getting destroyed. But, india is doing well on the back of solid management.

That's why inflation is increasing in Asian countries: IMF

IMF chief Kristalina Georgieva said inflationary pressures continue to rise in Asian countries due to a slowdown in major economies. Due to this, there is a possibility of a two percent decline in the global growth rate. The last time such pressure was seen was during the global financial crisis of 2009 and the corona pandemic.