Inflation – the Government's explanation – It's actually negative for some commodities like salt
Government admits that Year-on-year inflation measured in terms of the Wholesale Price Index increased to 11.42 per cent on June 14, 2008 . Though this is the highest inflation in the last 13 years, it is largely commodity centric. Government is taking measures to moderate the inflationary pressures.
Government's press release says that there has been actually a decline of 0.04% in price of salt! Great relief indeed. What is the percentage of salt in a family's budget? If you have been spending Rs. 100/- on salt, now you will be spending 4 paise less – a great relief indeed! And four paise for the whole year!!!!!
If your head is on a heater and your feet are in a freezer, the average temperature of your body should be around a comfortable 30 degrees, but your head will get burnt and your legs frozen.
If you are six feet tall and try to cross a river which has an average depth of five feet, you are statistically entitled to cross the river, but at a point where the river is eight feet deep, you are entitled to get drowned and you do!