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ISSN 2063-5346
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EXPLORING THE DYNAMIC RELATIONSHIP BETWEEN INFLATION RATES AND CHANGES IN THE COST OF LIVING IN INDIA

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Dikshita Borah, Monali Borah
» doi: 10.48047/ecb/2023.12.si12.155

Abstract

This study investigates the relationship between inflation rates and changes in the cost of living in India. Inflation is a critical economic indicator that can significantly impact people's purchasing power and overall well-being. By analyzing historical data on inflation rates and cost-of-living indices over a specific period, this research aims to provide insights into the extent to which inflation affects the affordability of essential goods and services for Indian households.

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