Congress leader Rahul Gandhi on Saturday cautioned that inflation will rise further and urged the government to act nꦰow to protect the people of the country.
Asserting that inflation is a tax on all Indians, Gandhi said re꧒cord price rise had crushed the poor and the middle class even before the Russia-Ukraine war began.
"It (inflation) will increase further as: - Crude > $100/barrel - Food prices expectꩵed to rise 22% - COVID disrupts Global Supply Chain," he said in a tweet.
"GOI must act NOW🌳. Prot🐼ect people," the former Congress chief said.
Retail inflation hit an eight-month high of 6.07 per cent in February and wholesale price-based inflation soared to 13.11 per cent on account of hardening of crude oil and non-food item prices, according 🤪to government data released on Monday.
The rise in crude oil and natural gas prices after the Russian invasion of Ukraine, which began on Februa🔜ry 24, has put pressure on the wholesale price index.
