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WPI inflation is dead; CPI is dying: FM Jaitley should dump fiscal orthodoxy and reflate

May 14, 2015

WPI inflation is dead; CPI is dying: FM Jaitley should dump fiscal orthodoxy and reflate

The WPI has been negative for the last six months. Even CPI is trending down consistently. If this is not an invitation for judicious fiscal and monetary stimulus, one wonders what is. #Arun Jaitley #WPI #Raghuram Rajan #CPI
WPI inflation dips to record (-)2.65% in April, low fuel price guides fall

May 14, 2015

WPI inflation dips to record (-)2.65% in April, low fuel price guides fall

Inflation was (-)2.33 percent in March, (-)2.17 percent in February, (-)0.95 percent in January, (-)0.50 percent in December and (-) 0.17 percent in November. #Economy #Inflation #NewsTracker #WPI #Food price #Fuel price
Negative inflation 5 months in a row: Forget RBI rate cut, govt may have to soon junk old WPI

Apr 16, 2015

Negative inflation 5 months in a row: Forget RBI rate cut, govt may have to soon junk old WPI

The Wholesale Prices Index has fallen five months in a row when retail inflation has risen in four of those five months. Clearly, one of them is clearly misleading, and it could be the WPI #Inflation #GDP #UPA #WPI #CPI #retail inflation #Data Confusion
Centre allows pharmas to raise price of 509 drugs; cancer medicines, condoms to cost more

Apr 08, 2015

Centre allows pharmas to raise price of 509 drugs; cancer medicines, condoms to cost more

The 509 medicines which have become costlier include Alpha Interferon injection used to treat hepatitis B and C as well as certain types of cancer, carboplatin injection used for cancer treatment, fluconazole capsules indicated for fungal infections, among others. #ThisisNext #Health #Cancer #WPI #Diabetes #Hepatitis #Condoms #Indian Pharmaceutical Alliance #National Pharmaceutical Pricing Authority #Amoxicillin #Carboplatin injection
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