Decrease in Inflation

The cut down in the oil prices will help to reduce the inflation. The oil dependent industries like paint, tires and infra would save on operating and manufacturing costs which would let them to adjust the prices accordingly. This would help the country’s economy. The middle class person will also get benefited as the petrol and diesel prices will be down. This might encourage the inflation index to adjust as the transportation charges would also get reduced on transit of daily needs like Vegetables, milk and etc.., this might help a common man to save some pennies.