Entries Categorized as 'Inflation'

Dec 2011 Inflation at 7.47%

Date January 16, 2012

Inflation for December 2011 has come in at a 7.47%, miserably low compared to 9%+ figures we have been seeing lately. But the downside is that prices haven’t actually fallen, they have at only been flat compared to November/October. Worse, revisions are still going up, with the October 2011 figure, first announced at 9.73% raised [...]

PA Inflation Now At 3.78%

Date December 22, 2011

Inflation at the Primary Articles Level is now at the lowest since 2005. (I couldn’t get the earlier data since it’s in a different base year) This was the time onion prices spiked last year, and so did primary articles inflation. Continuing on, primary articles won’t make too much of a difference to us; the [...]

PA Inflation Contracts to 5.48%

Date December 15, 2011

For the week ended 3 December 2011, Primary Articles Inflation contracted to 5.48%. This is largely food and a good crop has made prices come down. I believe we will see inflation go temporarily negative at this rate, though the rise of the dollar will percolate into the system and raise prices very soon. Tweet

November 2011 Inflation at 9.11%, September revised up to 10%

Date December 14, 2011

In a shocking development – not really – Monthly inflation for the month of November has come in at 9.11%. As for the components, notice that slowly the primary articles piece is coming down, but the rest – Fuel and Manufactured goods, continue to inch up: ‘ Fuel’s up due to the revision in prices [...]

PA Inflation Drops to 6.92%

Date December 8, 2011

For the week ended 26 Nov 2011, Primary Articles Inflation has dropped to 6.92%, the lowest since July 2009. As you can see it’s not just the rising “base” figure of last year, but the trend in the graph points downwards. Unfortunately since much of the data is not updated in time – some data [...]

PA Inflation Falls To 7.74%, Lowest Since July 2009

Date December 1, 2011

Primary Articles Inflation has fallen to 7.74% for the week ended 19 Nov 2011. This is the lowest since July 2009. There is both a high base effect and a lowering of prices that’s working in favour of bringing down inflation. But of course: Coal prices – Coking, non-Coking etc. – have not been updated [...]

Primary Articles Inflation Lowest in Two Years at 10.39%

Date November 17, 2011

For the week ended 5 Nov, Primary Articles Inflation has come in at 10.39%, the lowest level since October 2009. This is good, in a way, and this is not even seeing too much of a base effect. The WPI isn’t too useful for a consumer basket but it’s what we use to work our [...]

Oct 2011 Monthly Inflation at 9.73%

Date November 14, 2011

October Monthly Inflation – the more comprehensive Inflation report – comes in at 9.73%, which seems to be quite high as a headline number. Component wise, Fuel is up the most: While Manufactured goods is the seriously large component (65% weight) it seems to have reduced a bit in the index. This might be the [...]

Primary Articles Inflation For Oct 22: +12.08%

Date November 3, 2011

Quick note about Primary Articles Inflation on the week ended 22 Oct: Up 12% from last year: I’d mentioned last week that the headline numbers will look bad till mid December, because of a flattenned level last year. The inflationary trend (recent slope) has not gone down. jay Shah is right – we need to [...]

PA Inflation Edges up to 11.75%

Date October 27, 2011

Primary Articles Inflation was at 11.75% for the week ended 15 October 2011, up from last week’s 11.18%. This is expected, to a certain extent as the index levelled off here last year. The lower base is in existence till November 5. Interestingly, the number for 20 August was revised DOWN by 0.39% from 12.93% [...]