Inflation Could Hinder India’s ETFs
Despite witnessing stellar economic growth over the past two years, rising prices could put a damper on India’s future.
In March 2010 India’s consumer prices rose 14.9 percent when compared to a year ago, marking the largest increase of any G-20 nation. This drastic increase in prices has been led by a surge in food prices which has been brought on by pure supply and demand forces. With a drier than normal monsoon season, an absence of rainfall took its toll on rice, wheat … [visit site to read more]
