Mastering Cost Inflation Index: Meaning and Examples
![](https://lemonn.co.in/blog/wp-content/uploads/2024/05/Image-22-05-24-at-12.36 PM-1.jpeg)
Introduction Inflation is a phenomenon that affects the world’s economy, leading to a decrease in the purchasing power of money. The rise in prices of goods and services increases an individual’s cost of living, resulting in a reduction in the…