Union Minister of Civil Aviation Jyotiraditya Scindia said it was a landmark achievement for India as domestic airlines witnessed an annual growth of 51.70 per cent in passenger traffic during January-March 2023 as compared to the corresponding period last year.
was eventually settled. we have fallen was eventually settled. we have fallen out with other suppliers. so we do fallen out with other suppliers. so we do try fallen out with other suppliers. so we do try very hard, i think, to challenge we do try very hard, i think, to challenge. and we have a team that can look challenge. and we have a team that can look at challenge. and we have a team that can look at the composition of food, costs. can look at the composition of food, costs, commodities, and whether these costs, commodities, and whether these cost costs, commodities, and whether these cost increases are legitimate. ithink these cost increases are legitimate. i think most of them are, because there i think most of them are, because there have i think most of them are, because there have been some dramatic increases there have been some dramatic increases in commodity costs, energy costs and increases in commodity costs, energy costs and labour costs. on the
measured over the last 12 months it has fallen 6.5%, down from 7.1% the month before. it s down from 9.1% this summer. inflation is now at its lowest level since october of 2021. when we look at the just the last three months, we see the inflation fell to 1.8% on an annual bases. down from more than 11% in the first three months of last year. the data is clear. even though inflation is high and major economies around the world, it is coming down in america month after month giving families breathing room. the big reason is falling gas prices. my administration took action to get oil onto the market and bring down prices. now gas is down more than 1.70 from its peak adding up to a typical family with two vehicles to a savings of $180 a month every single month.
world, it is coming down in america month after month. giving families some real breathing room and the big reason is falling gas prices. my administration took action to get oil on to the market and bring down prices. now gas is down more than $1.70 from its peak. that adds up to a family with two vehicles to a savings of $180 a month every single month. that stays in their pockets. and instead of being spent at the pump. food inflation is slowing as well. last month we saw the smallest increase in food prices in almost two years. and much of that increase was due to the avian flew outbreak which has driven up the egg prices in the united states. it is not just gas and food prices, though. when we look at what the economists call core inflation, which takes out energy and food, we see welcome news as well. core inflation is down to the lowest level in a year. over the past three months core inflation has come down to 3% on
at the top their children, kennedy and easton. it s trying to find the best deal right now and trying to find the best price. reporter: to get the most out of the season of high prices they started planning in the summer. turn it this way. reporter: and agreed not to buy each other presents. i feel like every time we make a purchase, we put in so much more thought. where are we getting our gas? where are we getting our groceries? reporter: inflation pressure that a new government report says inflation is easing. in a world where inflation is rising and double digits in many major economies inflation is coming down in america. reporter: the decline in annual inflation, 7.1% in november, down from 7.7% in october helped buy a drop in gasoline prices.y a drop in gasoline prices. the average price for a gallon now down more than $1.70 since june. overall, inflation slowed a bit, but housing costs continue to rise, up 7.1%. the biggest increase in more than four decades. w