Economy

Weekly Inflation at 12.11% (PA), Huge Revisions

May 05, 2011

Primary Articles and Fuel Inflation are going up yet again. Primary articles was up 12.11% from last year and Fuel was up 13.53%.

And then, Look at the past revisions once again – a whopping 1.9% higher inflation than earlier released!

Originally declared for 26 Feb: 13.96%

Revised today for 26 Feb: 15.86%

There’s talk of a Rs. 5 hike in Diesel and perhaps just about that much in Petrol. You can imagine what that will do to reported inflation. (Of course, it will bring demand down eventually, but it will in the process make a lot of things more expensive)

Equity, fixed income, macro and personal finance research
Model equity and fixed-income portfolios
Exclusive apps, tutorials, and member community

Subscribe Now Or start with a free-trial

Already a subscriber? Login Now

India joins Global Bond Indexes: What it means and What it doesn’t

Indian bonds will soon be in global indexes, says JP Morgan. Looking beyond the rhetoric, we analyze what it really means. It's a nice party, but will this ...

Money’s getting expensive, and fast, and what you can do about it

The debt markets are cowering in fear. Short term rates are rising very very fast. And there's no respite even for the government. Here's a quick take one the ...

Podcast: Investing in a world with high interest rates

Deepak and Shray discuss on navigating the current investment landscape, what higher interest rates could mean for various asset classes, and the assets one ...

Join Capitalmind Premium

Starts at ₹1,999/mo

Get access to our equity, fixed income, macro and personal finance research, model equity and fixed-income portfolios, exclusive apps, tutorials, and member community.