Urban poor most impacted in July inflation surge: Crisil

Urban poor most impacted in July inflation surge: Crisil

Urban poor have been the most impacted by 15-month high consumer price inflation (CPI) in July, a domestic rating agency’s arm said on Wednesday. The high-income segment in urban areas faced the lowest inflation burden, as food has a relatively low share in their consumption basked, Crisil Market Intelligence and Analytics said in a note. … Read more