04-28-2007, 02:05 AM
Mark-up percentage now-a-days is normall fourteen plus. And, if we take your stats of inflation, real rate still is three.
However, deposit holder are normally getting return of less than 10%. So, at least they are not getting any gain on their saving.
I guess in an economy like ours its very difficult to calculate the exact inflation rate. However, we all are witnessing some real infaltion for last some time. At least, I, in my 24 yeared life, have never experinced such abrupt rise in price ever before. However, at the same time, the similar trend of increase in incomes should also be consider. So, I guess this inflation has not very drastically reduced purchasing power.
However, deposit holder are normally getting return of less than 10%. So, at least they are not getting any gain on their saving.
I guess in an economy like ours its very difficult to calculate the exact inflation rate. However, we all are witnessing some real infaltion for last some time. At least, I, in my 24 yeared life, have never experinced such abrupt rise in price ever before. However, at the same time, the similar trend of increase in incomes should also be consider. So, I guess this inflation has not very drastically reduced purchasing power.