The monthly release of Inflation is in for April 2011, and we have an inflation of 8.66% (provisional). We at MarketVision have built a full visualization (clicks and zooms and unzooms) at Visualizing Inflation In India, and an insightful post with visual excerpts with commentary.
(Teaser follows)
This month we’ve included the change from the earlier month for each sub-category as well. The change looks like this with the legend:
(This is the change from previous year)
For each item, Inflation is shown as [Category Name] (Annual Inflation, Change from Last Month). So Food Products (5.65%, +3.3%) means the category Food Products has seen an inflation of 5.5% compared to the April 2010 (one year ago) and it has just up 3.3% from last month (last month, it was 2.25%)
Overall Inflation at 8.66%
This has a serious change because they forgot to include some items in some categories and all the data has been changed, all the way back to 2004. That means last month’s data will not match.
Tracking inflation over months gives us this figure:
In April there was a sharp increase last year, and there is a sharp increase this year as well, with the green line’s trend going back up. That is dangerous, but even more is:
