data. While core inflation is measured with the VSC, the HSC requires a new concept of demand-driven inflation: Residual … (demand) inflation, which gives the impact of short and medium run demand shocks on inflation. Core and residual inflation are …

Memorial Lecture, organised by the Reserve Bank of India, Mumbai]. …

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

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are …-led inflation but still weak growth; second, the possibility of another surge in capital flows, especially if we turn out to be an … financial stability on financial inclusion and growth. [Remarks by Dr. D. Subbarao, Governor, Reserve Bank of India at G-30 …

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation … across commodity groups within WPI, and significant volatility in headline WPI inflation under the influence of supply shocks … policy could yield ambiguous results if inflation data used in such analyses have serious limitations. [Staff Studies]. …

balance between growth and inflation. It should be read and understood together with the detailed review in Macroeconomic and …

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline …