-The Hindu Uneven Inflation and sluggish growth present serious dilemmas for policymakers Policymakers face a tricky dilemma as prices in the economy continue to rise even as economic growth has plummeted to well under 5%. Food Inflation, now in double-digits, has caused significant pain. The International Monetary Fund on December 23 called for “urgent” policy measures to reverse the current slowdown that has weighed down global economic growth. The warning is timely...
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Falling employment, low wages and food Inflation -- the rural economy is in pain -Siraj Hussain
-Moneycontrol.com With priorities of the government changing, the agriculture sector is unlikely to see any major initiatives and reforms Inflation based on Consumer Price Index (CPI) for November is further proof that agriculture produces only marginal surpluses. Only last year, observers were worried that the planners were not engaged enough to see that India is now surplus with most agricultural commodities. Please click here to read more. ...
More »What a sharp rise in Inflation rate amid spike in food prices means -Prabhat Patnaik
-Newsclick.in Even as the growth rate of the Indian economy is slowing down, and the index of industrial production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the Inflation rate in the economy has started accelerating. Significantly, the acceleration in Inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...
More »The cost of food
-The Indian Express Return of food Inflation may not allow RBI to further slash interest rates but opens up room for delayed reform Retail food Inflation crossing 10 per cent, the first time in nearly six years, isn’t good news for an economy already mired in a deep slowdown. The suddenness of the increase (from under 3 per cent in August to 10 per cent-plus in November) and the fact that the...
More »Wholesale Inflation tames to 0.58 per cent
-The Hindu Business Line Consumers bore brunt of more expensive onion, potato and vegetables Wholesale Inflation fell to 0.58 per cent in November 2019, down from 4.47 per cent in November 2018. Sequentially, wholesale Inflation reported an increase, rising from 0.16 per cent in October 2019, according to a statement by the Ministry of Commerce and Industry. Please click here to read more. ...
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