Judging by the money supply increase, inflation should have been even higher. Looks like velocity is tanking. https://tradingeconomics.com/india/money-supply-m

Judging by the money supply increase, inflation should have been even higher. Looks like velocity is tanking. https://tradingeconomics.com/india/money-supply-m3 https://tradingeconomics.com/india/money-supply-m3