WPI inflation at 12.07% in June
The Hindu
Inflation in wholesale prices stayed high in June, with provisional data pegging it at 12.07% following the record high of 12.94% in May. An official statement attributed the high inflation rate to th
Inflation in wholesale prices stayed high in June, with provisional data pegging it at 12.07% following the record high of 12.94% in May. An official statement attributed the high inflation rate to the low base effect from June 2020, which recorded -1.81% inflation, and the rise in prices of petrol, diesel, naphtha and ATF, as well as basic metals, food products and chemicals.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.