On a regular basis, now we have our Finance Minister P Chidambaram expressing his ‘Friday Fury’, I am talking about those Northward-bound inflation numbers.
For the media and the opposition, the government has become an easy target, thanks this issue.
But, what is the feedback from the ordinary man? I have seen very few reports on this interesting human side of the issue.
As per my experience, I have not seen any slump in that weekend shopping rush in departmental stores or malls. Have people reduced on their spending? Are they more cautious now? How’s the business doing for these stores and the malls?
Does it have anything to do with the recent string of box office failures?
Do these so-called upper middle class care a damn?
I think, I don’t have that complete picture yet, except those dreadful weekly numbers.
One last question also: Do prices fall when inflation is brought under control?
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