Telangana returned to deflation in September, with retail prices falling 0.15%, the third such instance in four months. Economists warn the trend reflects weak consumption, sluggish rural demand, and could impact business investment, jobs, and state revenue.
BRS working president KT Rama Rao strongly criticised the Congress-led Telangana government for plunging the state into economic turmoil, citing back-to-back months of deflation as evidence. He warned that the state's economy was on the verge of collapse due to Chief Minister A Revanth Reddy's chaotic economic policies.
