Inflation soaring high......

Inflation is a general rise in the prices of goods and services overtime.

As inflation increases the currency's value decreases. That is the purchasing power decreases. A commodity available for Rs. 100 today due to inflation might cost Rs. 105 or more tommorow.

These day's the rise in inflation is a very hot topic. It is expected that inflation could touch the double figure mark.


Probable reason's(what i feel) :

1> The amount of money available with people has increased. These day's people have got excess money to spend. But the fact is "Rich people have become richer, and poor has become still poorer".

2> The recent increase in petrol prices by the ARAB countries.


Probable hope :

1> A good monsoon this year could help controlling inflation.As our is a agriculture based country.

Lets see where it goes.

But what else could be the probable reason for inflation ?????????????????????????????