in india , the price of cooking oil has nearly doubled
the price of roadside tea has gone up from 10 inr to 12 inr – a hike of nearly 20 %
the price of milk has gone up from inr 48 to inr 56 per litre – a hike of 8/48 = 17 %
bananas have gone up from 40 inr to 80 inr – nearly 100 % hike
the reason – war in ukraine and some hoarding as well ( allegedly )
so is this the right time to be in inflation hedging tools – gold and silver ?