India inflation comes in at 9.4% YOY, with a 21% increase in the housing component

Inflation has been heating up across the developing world, especially in India where the General Index of inflation for India is now at 9.4% year over year.  Via Mospi:

And below is a summary of the components that makeup Indian inflation.  Notice the housing component which is at 21% YOY, which means, in India, there is no housing crisis. 

Food, beverages, tobacco: 7.3%
Fuel and light: 9.2%
Housing: 21.0%
Cloth., bedding and footwear: 7.7%
Miscellaneous: 5.9%
General Index ( all groups): 9.4%


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