In the past few years, we have been facing inflation at very high rates when compared to the past. The cost of living has just risen like anything that it has truly become difficult for the common man to meet both the ends, with the mere income he gets. There are many factors that does influence inflation, yet when considered with the past instances, it is all time high now. The commodities prices are soaring high and people have started cutting down on many luxuries and necessities in order to get along.
For instance, the price of almost all food items have gone sky rocket. When comparing the vegetable rates Mumbai and other states in India itself, we get a clear picture as to how much the cost has risen. The cost of Basmati rice was around 35/- in the year 2000 and it had risen upto 55/- by the year 2010. It goes the same with every other product in the market, Not only commodities, even other products like household items and beauty products have been into this category. Beauty products like face packs, beauty care products, accessories etc all have their prices risen from the past.
But then, as the saying goes, for every rise, there is a fall, similarly we too have to hope that this situation might change and the more brighter days would be back .