Inflation Worries Haunt The World. What Does It Mean For You?

The world looks at high inflation owing to the Russia-Ukraine war which led to rising crude, gas, and metal prices. In India, wholesale price inflation rises to a four-month high of 14.55% in March, remaining in the double digits for the 12th consecutive month. We speak to Dr Aruna Sharma, practitioner development economist and former secretary, Government of India, to understand the causes behind the recent spike, the possibility of higher prices this year, why do we need two different indices to measure inflation, and can inflation be good for an economy.