Ministry of Finance spokesperson lies about India’s inflation rate
By Areeba Fatima | 22 October 2021 | 9:45 AM
Claim: India’s rate of inflation was 7.5% in September 2021
Fact: India’s rate of inflation was 4.35% in September 2021
On 19 October 2021, journalist Munizae Jehangir, during her talk-show on AAJ News got into a disagreement with Muzammil Aslam who was invited as the spokesperson for the Ministry of Finance. Jehangir raised a point regarding inflation in Pakistan being the highest in the region at around 9%, while in India it is 4.35%. Before she could be done asking her question, Aslam interrupted her with a counter-factual claiming that not only Jehangir was wrong but that in September 2021, India had hit the inflation rate of 7.5%.
Munizae Jehangir also posted a tweet referring to this discussion on 20 October 2021.
Basic Fact Check found this to be false.
Reuters posted an article in October 2021 noting India’s retail inflation rate to be 4.35% in September 2021 compared to 5.3% in the month before. The article also included commentaries from eleven economists and experts on the Indian economy.
In this press release by the Indian Ministry of Labour and Employment, it is mentioned that the point to point rate of inflation in September 2021 was 2.89% to 3.16% and in September 2020 it was 6.25% to 6.10%. This information clearly negates Muzammil Aslam’s claim that India’s inflation rate in November was 7.5% and hence takes away from his attempt at avoiding an honest comparison between the two conflicting economies of the subcontinent.
By Areeba Fatima | 22 October 2021 | 9:45 AM Claim: India’s rate of inflation was 7.5% in September 2021 Fact: India’s rate of inflation…