India's rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs - a revival in demand in the rural economy.
Around two-thirds of India's population depends on the rural sector with agriculture accounting for near 15 per cent of India's $2.8 trillion economy, and rising inflation suggests pricing power is returning to the hands of the farmers, say economists.
"This augurs well for farmers' cash flows in the coming months. I expect early signs of demand revival to emerge from the rural belts, going ahead," said Rupa Rege Nitsure, chief economist at L&T Financial Holdings.
Rural inflation rose to 7.73 per cent in January, higher than the urban inflation rate - which was 7.39 per cent - for the first time since June 2018. The latest data, released on Wednesday, also showed that overall inflation was 7.59 per cent - its highest level in more than six years.
āĻĒā§āĻ°āĻ¤āĻŋāĻā§āĻ°āĻŋāĻ¯āĻŧāĻž āĻ āĻŽāĻ¨ā§āĻ¤āĻŦā§āĻ¯ā§āĻ° āĻāĻ¨ā§āĻ¯ āĻ˛āĻāĻāĻ¨
āĻŽā§āĻˇ 
āĻŦā§āĻˇ 
āĻŽāĻŋāĻĨā§āĻ¨ 
āĻāĻ°ā§āĻāĻ 
āĻ¸āĻŋāĻāĻš 
āĻāĻ¨ā§āĻ¯āĻž 
āĻ¤ā§āĻ˛āĻž 
āĻŦā§āĻļā§āĻāĻŋāĻ 
āĻ§āĻ¨ā§ 
āĻŽāĻāĻ° 
āĻā§āĻŽā§āĻ 
āĻŽā§āĻ¨ 
.gif)
āĻŽāĻ¨ā§āĻ¤āĻŦā§āĻ¯ (0)
āĻŽāĻ¨ā§āĻ¤āĻŦā§āĻ¯ āĻ¨ā§āĻ¤āĻŋāĻŽāĻžāĻ˛āĻžāĻŽāĻ¨ā§āĻ¤āĻŦā§āĻ¯ āĻāĻ°āĻ¤ā§ āĻ˛āĻāĻāĻ¨ āĻāĻ°ā§āĻ¨
āĻāĻāĻ¨āĻ āĻā§āĻ¨ā§ āĻŽāĻ¨ā§āĻ¤āĻŦā§āĻ¯ āĻ¨ā§āĻ â āĻĒā§āĻ°āĻĨāĻŽ āĻŽāĻ¨ā§āĻ¤āĻŦā§āĻ¯ āĻāĻ°ā§āĻ¨āĨ¤