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With CPI and WPI on different planets, it is time to scrap at least one of them

Mar 23, 2015

With CPI and WPI on different planets, it is time to scrap at least one of them

In recent memory, retail and wholesale inflation have never been 7.5 percent apart. One of the two indices - CPI or WPI - is surely off the mark. Time to scrap one of them, probably the WPI #GDP #WPI #CPI #retail inflation #wholesale inflation
CSO briefs RBI governor on new method used to calculate GDP, CPI data

Feb 18, 2015

CSO briefs RBI governor on new method used to calculate GDP, CPI data

The Ministry of Statistics & Programme Implementation (MOSPI) has briefed the RBI Governor Raghuram Rajan about the new method for calculating GDP, CPI data #RBI #Monetary policy #Raghuram Rajan #RBI Governor #CPI #CSO #retail inflation #Ministry of Statistics & Programme Implementation
What WPI deflation means for Budget 2015: Jaitley must go full-tilt for growth

Feb 17, 2015

What WPI deflation means for Budget 2015: Jaitley must go full-tilt for growth

The negative trend in the WPI tells us that growth is the real challenge facing us now, and not inflation. Jaitley must thus address this issue, and not put fiscal deficit at the top of his agenda. That way lies disaster #Arun Jaitley #WPI #Raghuram Rajan #retail #Growth #CPI #retail inflation #Slowdown Budget 2015 #Retail Budget 2015 #Finance Budget 2015
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