Shah, Ajay; Patnaik, Ila; Bhattacharya, Rudrani - eSocialSciences - 2008
In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of … monthly data, each observation of a one-year change in inflation is the sum of twelve one-month changes. This suggests that … time-series of inflation in India. [NIPFP WP No. 54]. …