Pandemic and price index.
By dpk262006
@dpk262006 (58676)
Delhi, India
June 16, 2021 2:48am CST
Since the pandemic affected us we are yet to come out of it. Due to spread of pandemic many cities/ places remained shut down and there was no economic activity and business of many was badly affected. However, when some relaxation has been given in the lock down economic activity is picking up gradually.
I feel the prices of most of the commodities have gone up, in comparison to what were they before the start of the pandemic. Inflation has gone up. Interests rates have been reduced. Prices of most of the things, be it eatable, material goods, essential items, medicines, medical equipment and petrol/diesel/gas etc. have shoot up in the last one year. One needs to pay under the nose.
Do you feel the affect of rising prices and how do you cope with it?
10 people like this
12 responses
@Butterfingers (66583)
• India
16 Jun 21
Yes and firstly petrol is almost 100/ Liter
2 people like this
@Butterfingers (66583)
• India
16 Jun 21
@LadyDuck yes that's why prices are increasing 
1 person likes this
@dpk262006 (58676)
• Delhi, India
17 Jun 21
@Butterfingers - Yes, fuel prices have increased in the past two months and it is not touching almost Rs.100/- per litre.
1 person likes this
@CuriousGab (3292)
• India
16 Jun 21
@dpk262006
Yes, indeed.price of everything has increased and mostly middle class and poor people are affected.
The income source was being shut for a long time and sudden increase when they don't have enough savings surely might be hard to cope with.
1 person likes this
@dpk262006 (58676)
• Delhi, India
17 Jun 21
It gets really difficult for those who have limited income or whose income got affected due to lock down etc., to cope with ever increasing prices. How do you cope with it and limit your expenditure in this ever increasing price rise?
@dpk262006 (58676)
• Delhi, India
18 Jun 21
@CuriousGab It is good to hear that you do not spend money on unnecessary things and you believe in curtailing your expenditure. 
@CuriousGab (3292)
• India
17 Jun 21
@dpk262006
I don't have to manage the household.
My father does that ,I don't have much idea.
But personally I haven't spend money on any unnecessary things.
My father does that ,I don't have much idea.
But personally I haven't spend money on any unnecessary things.1 person likes this
@dpk262006 (58676)
• Delhi, India
17 Jun 21
That is right that increase in fuel price affect the price of other commodities. However, price of other items also rise due to some other factors. Due to lock down here the production has also affected and at some of the places the labor is at less strength. The gap is widening between supply and demand and it is leading to price rise.
1 person likes this
@dpk262006 (58676)
• Delhi, India
18 Jun 21
@LadyDuck Yes, every sector will get affected by the price rise, one way or the other.
1 person likes this
@LadyDuck (471468)
• Switzerland
17 Jun 21
@dpk262006 So true the production was affected and the big problems is just around the corner now... shortage in computer chips, also the production of cars will be affected.
1 person likes this
@cahaya1983 (11116)
• Malaysia
23 Jun 21
For some things, yes. I prefer to shop online lately, even for groceries. Easier to get good discounts on many things.
1 person likes this
@dpk262006 (58676)
• Delhi, India
24 Jun 21
It is good to hear that you get discounts when you do online shopping, this way you save money.
Do you think that price of product is inflated first and then discounts are offered to lure the customers?
1 person likes this
@dpk262006 (58676)
• Delhi, India
28 Jun 21
@cahaya1983 You mean to say that companies offer genuine discounts when you buy their products online?
1 person likes this
@cahaya1983 (11116)
• Malaysia
27 Jun 21
@dpk262006 If you monitor the prices closely then it's easy to notice such things. It hasn't happened that much as far as I know.
1 person likes this
@arunima25 (87819)
• Bangalore, India
22 Jun 21
That's a huge issue right now. Fuel prices are soaring high. We had a very good control over our inflation from 2014 for few years but then right now everything seems to be in a mess.
1 person likes this
@dpk262006 (58676)
• Delhi, India
23 Jun 21
Yes, with the increase in fuel prices, the prices of other essential commodities will also go up, causing burden on people. It is correct that inflation was under control but this pandemic has affected everyone and everything badly.
1 person likes this
@dpk262006 (58676)
• Delhi, India
24 Jun 21
@arunima25 It will take much time before the business becomes normal. Lockdown restrictions are still there at many places and business is going to be normal in the near future.
1 person likes this
@arunima25 (87819)
• Bangalore, India
23 Jun 21
@dpk262006 The fuel price was hiked earlier too but somehow the inflation was not bad. Recently we can feel the pinch more. Hopefully, the pandemic gets under control, and businesses go back on track. People need to stay in business to earn and spend else the inflation will keep shooting up.
1 person likes this
@lazydaizee (6735)
• United Kingdom
16 Jun 21
I have noticed this too, food is definitely more expensive now, and so are fuel bills.
1 person likes this
@prashu228 (37524)
• India
16 Jun 21
@lazydaizee yes food is more important atleast govt should look after the problems and provide free food for the needy
2 people like this
@dpk262006 (58676)
• Delhi, India
17 Jun 21
@lazydaizee - It means that prices have risen at your place also? How do you cope with the rising prices.
@lazydaizee (6735)
• United Kingdom
16 Jun 21
@prashu228 I know that food banks are busier than they used to be.
1 person likes this
@dpk262006 (58676)
• Delhi, India
17 Jun 21
It means that prices of oil etc. are also rising in your country, which means it is a global phenomenon. How do you cope up with rising prices?
@prashu228 (37524)
• India
16 Jun 21
yes everything gone up , no online or offline clearance sales as well, i stopped shopping almost from a year , that is apparels and all, expect groceries nothing at all ..hope we come out of this situation soon
1 person likes this
@dpk262006 (58676)
• Delhi, India
17 Jun 21
Yes, due to rising pricing, we have cut short some of our luxuries, as you have mentioned that you do not shop for apparels etc. as buying essential goods at this moment is more important than anything else.
@PurnaSharma (2562)
• Guwahati, India
9 Jul 21
When petrol touches the peak, everything goes up automatically .
1 person likes this
@dpk262006 (58676)
• Delhi, India
10 Jul 21
Yes, you are right. Now the petrol has crossed Rs.100/- per litre mark in many cities and price of every essential commodity is going up.
@dpk262006 (58676)
• Delhi, India
17 Jun 21
It means that you are also feeling in the pinch of rising prices, even if you are in US. It means that it is a global phenomenon.
It is good to hear that you have already saved lots of money and you are using your savings to cope with the rise in prices of essential commodities.
Have a nice day.
1 person likes this
@dpk262006 (58676)
• Delhi, India
17 Jun 21
We need to cut short our luxuries to cope with the rising prices.
Have a nice day. 
1 person likes this
