People in cities, big or small, have suffered much more than people living in rural areas when it comes to dealing with the back-breaking retail inflation of items of daily use like cereals, pulses and vegetables, an Assocham analysis has shown.
The analysis of the inflation data for the consumer price index for May showed that the price rise in cities was a whopping 21.29% for the cereals and products year-on-year whereas inflation on this count was slightly less painful for those living in villages. The rural CPI increase of cereals and products was 14.74%.
Likewise, vegetables were selling in cities at a price which was significantly more than the villages. The inflation, measured by the consumer price index, for vegetables went up by a huge 14.52% in May in the urban areas as compared to a less harsh level of 7.62% in the rural areas.
Similarly, prices of eggs, fish and meat had gone up by 14.66% in May in cities as compared to 11.46% in the villages.