GST Rate Cuts Show Mixed Impact On Consumer Prices: BoB - BW Businessworld

The Goods and Services Tax (GST) rate rationalisation introduced last year has delivered mixed results on consumer prices, with notable declines in automobiles and household appliances but persistent inflation in several food and personal care categories, according to a Bank of Baroda research report. The report examined changes in the Consumer Price Index (CPI) between August and March, covering…