What Is Inflation?

The rate at which prices rise, so the same money buys less each year.

Investing

India's consumer price inflation has mostly been 4% to 7% a year over the last decade. At 6%, prices roughly double in 12 years.

A return below inflation after tax means your money is losing value, even if the balance grows.

Example

Something costing ₹1 lakh today costs about ₹1.79 lakh in 10 years at 6% inflation.

SkyloFin - Expense Tracker

Your Money. One Clear View.

Automatically organise your spending, track expenses and understand where your money goes.

  • Reads bank SMS No account linking, no passwords.
  • Sorts every rupee Into categories you can edit.
  • Bills and cards Statements found, due dates reminded.
  • Your Google Drive Backed up to you, never to us.