Domestic LPG prices hike Rs 50 inflation rate remains high

Domestic LPG prices hike Rs 50 inflation rate remains high

Domestic LPG prices hike Rs 50 inflation rate remains high. On May 6, The price of domestic gas was hiked by rupees 50 per cylinder. The last hike of rupees 50 in domestic LPG price was on March 22. A few days earlier this month only, the prices of commercial LPG cylinders were also hiked by rupees 102.50. Furthermore, from last year to till date LPG price was hiked by rupees 200. 

Price for different LPG cylinders

A 14.2 kg non-subsidized LPG cylinder will now cost you 999.50 in Delhi. 

A 19 kg commercial LPG cylinder is now available for rupees 2355.50 which was earlier available for 2253. 

The 5 kg commercial cylinder cost rupees 655. 

The inflation rate will be higher than 6 %

The Indian Express reported that economists expect the inflation rate to be higher than 6 percent in this whole financial year.