To
The Editor
Newspaper Name
Newspaper Address
Subject: High inflation rate in India
Sir/Madam,
According to the data released by the commerce department, wholesale infection in India rose to 15.08% in April on a yearly basis. Last year, it was 10.74% in 2021. What is really worrisome is the fact that it is the 13th straight month where there has been a double digit inflation hike. Last time India had double digit inflation for overall a year was in the period between March 1994 and May 1995.
Moreover the retail inflation, which is measured by consumer price index, is also is on a record high of 7.79% in April, 2022. The high inflation rate is due to higher fuel and other commodities costs which is due to the disruption of global supply chain due the Russia Ukraine conflict. Due to high inflation, a lot of pressure is put on the shoulders of a common person to run the family. The prices of vegetables have been skyrocketing. The value of petrol has touched the historical high of Rs 110 mark.
This is a matter of serious concern as it directly affects the life of the public. I request the government to take necessary steps to immediately curb the high inflation. All export of items which are selling in high price domestically, must be banned to meet the local consumption. Moreover, the interest rate should also be hiked to ease the inflation.
Yours Faithfully,
Anil
20, Church Road, Pune
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