This study tried to understand the price movements of
selected commodities in urban and rural areas of the Amravati district. The
price that can be commended for the new products and the volumes of the
products that are sold determine, in large measure, the returns that will be
made on the initial investment. It is observed that the average prices of commodities
undergo fluctuations over the years where price movement of all commodities
varies from each other depending upon the nature of the commodity and its
market. It is also observed that rural prices are higher than urban prices. The
analysis is simply based on the graphical presentation and inflation rate. The
inflation rate has derived from the percentage increase in the price over the
years. The prices of commodities are the aggregate of quarterly prices of
selected commodities. It questions the belief of low cost of living in rural
areas excluding housing and other social infrastructure. It is stated that
inflation is driven by many socio-economic micro and macroeconomic variables.
Author(s)details:-
Dr.
Jayshree Pawar (Assistant Professor)
University of Pune, India.
Please See
the book here :- https://doi.org/10.9734/bpi/crbme/v7/7842C
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