Volume : III, Issue : VII, July - 2014

A Study on Effects of Inflation on Middle Class People with Special Reference to Tiruppur City

Dr. K. Kumaravel, Dr. S. Kowsalyadevi

Abstract :

Inflation is a persistent increase in the general price level of goods and services in an economy over a period of time. The main objective of this study are to identify the effect of inflation in middle class purchasing power in Tirupur city and to identify the changes in life style and standard of living and to know about the awareness about inflation among the middle class people of Tirupur city. For this research convenient sampling technique was selected. Statistical tools like chi square and weighted average method have been used. Thus the study helped to find out the difficulties that people of middle class face with the inflation. People have cut down the family’s spending on entertainment. Though it is difficult to maintain a vehicle in middle class family they feel it is necessary and they were spending a valuable amount in that.  

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr.K.Kumaravel, Dr.S.Kowsalyadevi A Study on Effects of Inflation on Middle Class People with Special Reference to Tiruppur City Indian Journal of Applied Research, Vol.4, Issue.7 July 2014

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