As the Wholesale Price Index changes series to the 2004-05 base year, the changes in Primary Articles Inflation are huge.
Primary articles inflation in the new index shows a MUCH higher inflation figure a few months earlier, peaking at 22.4% in March 2010, versus the older series peak of 18.4%. Worrisome in a small way is the sudden jump in Primary Articles inflation to 16.22% in the new index, a five week high.
And the differences between the new and old indices are highlighted here:
Posts on Inflation:
- Sep 14, 2010: Monthly Inflation for Aug 2010 at 8.5%
- Sep 9, 2010: Food Inflation 15.4%, Revisions Still Scary!
- Sep 4, 2010: Inflation: Primary Articles at 15.2%
- Aug 27, 2010: Food Inflation at 14.75%, Scary Revisions of 2%+
- Aug 16, 2010: July Monthly WPI at 262.5, Inflation at 9.97%
- Aug 3, 2010: Deflation is Really Bad: Or, What Is Krugman On?
- (More on Inflation)
