Retail inflation figures for the month of March will be released today. During the last one year i.e. from 10 April 2022 to 10 April 2023, the price of domestic gas cylinder has increased by Rs 150. Its price has crossed 1100 rupees.

Apart from this, the price of flour has increased to Rs.30 per kg in Delhi and Rs.54 per kg in Mumbai. Similarly, the prices of daily use items like milk, pulses and rice have also increased in every household. However, talking about petrol-diesel and soybean oil, its prices have come down in the last one year.

Here we are telling you how much the prices of daily use items have decreased or increased in the last one year-

Petrol and diesel prices reduced in last one year
During the last one year i.e. from 10 April 2022 to 10 April 2023, the prices of petrol and diesel have come down. On April 10, 2022, petrol was being sold at Rs 105 per liter in Delhi, which is now at Rs 96.72. Whereas diesel was at Rs 96.67 which is now being sold at Rs 89.62 a litre.

What are the reasons for rising inflation?
The rise in inflation simply means that the value of your earned money will decrease. For example, if the inflation rate is 7%, then Rs 100 you earn will be worth Rs 93. There are many factors that can increase prices or inflation in an economy. Inflation is usually caused by an increase in production costs, an increase in demand for products and services, or a decrease in supply. There are 6 major reasons for rising inflation: