Inflation Calculator
Calculate the impact of inflation on your purchasing power
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India's average inflation: 4-7% per annum
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Understanding Inflation
Inflation is the rate at which the general level of prices for goods and services rises, reducing purchasing power over time. Understanding its impact is crucial for financial planning.
Real-Life Examples:
- • A ₹100 item costs ₹180 after 10 years (6% inflation)
- • Movie tickets, fuel prices increase over time
- • Salaries need to grow faster than inflation
- • Fixed deposits may not beat inflation
Protection Strategies:
- • Invest in equity mutual funds
- • Real estate investments
- • Gold as hedge against inflation
- • TIPS (Treasury Inflation-Protected Securities)