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Statistical puzzle: Dramatic revision in Dec IIP numbers is baffling

Mar 13, 2015

Statistical puzzle: Dramatic revision in Dec IIP numbers is baffling

The governments data collectors need to redo the process of garnering numbers to ensure a minimum accuracy #Inflation #RBI #D. Subbarao #IIP #Growth #factory output
Consumer inflation inches up to 5.37%  but IIP improves

Mar 12, 2015

Consumer inflation inches up to 5.37% but IIP improves

India's annual consumer price inflation nudged up to 5.37 percent in February, rising for the third straight month, compared with 5.11 percent in January, government data showed on Thursday. #Inflation #food inflation #IIP #CPI #CSO
Item numbers: New CPI and GDP numbers have unreal feel about them

Feb 13, 2015

Item numbers: New CPI and GDP numbers have unreal feel about them

With the change in GDP and retail inflation measurement, it is no longer possible to base policy decisions purely on these numbers. Till the new indices stabilise and establish a predictable pattern, they have limited utility #HowThisWorks #retail inflation #GVA #December 2014 IIP #CPI January #Revised CPI #GDP Methodology
Fall in December IIP to 1.7% shows true picture of economy, no sharp trend reversal yet

Feb 13, 2015

Fall in December IIP to 1.7% shows true picture of economy, no sharp trend reversal yet

image. [/caption]The fall in IIP numbers to 1.7 percent from 3.9 percent in November, shows that growth has remained anemic and signs of strong revival that could offer a sharp trend reversal are yet to take place. #Economy #Inflation #China #GDP #RBI #ConnectTheDots #IIP #fiscal deficit #Raghuram Rajan
January CPI climbs to 5.1% while December IIP slows down to 1.7%

Feb 12, 2015

January CPI climbs to 5.1% while December IIP slows down to 1.7%

Indian inflation rose marginally to 5.11 percent in January as the country shifted to a new base year for calculating prices, adding more weight for services like education and health, changes that may deter the central bank from cutting interest rates soon. #Inflation #food inflation #IIP #industrial output #CPI