Your Grocery Bill Just Got Heavier
Prices for everyday things like food and fuel climbed to a 20-month high of 4.82% in August. Here's what that means for your monthly budget, your FD returns, and your home loan EMI.
Your daily shopping — dal, cooking oil, petrol — is costing more than it did a few months back, and it's not just you imagining it.
Everyday prices rose to 4.82% in August, the highest in 20 months, driven mainly by food and fuel.
That's the third month in a row prices have crossed RBI's comfort zone of 4%.
Nothing to panic about — your SIPs and long-term goals stay on track, just keep an eye on the everyday numbers.
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