A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI …. Focus is also given on different secondary (derived) measures of inflation, particularly core inflation, and end the …

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]. …

in emerging economies, and low and stable inflation all around. Central banks took credit for this, believed they had … for policies and actions that got the world into the crisis. Even so, central banks battled the crisis from the frontlines … thought had been settled. The real world problems are too complex to fit template solution of text books. Some of the …

, Bank Rate and CRR kept unchanged. * GDP growth forecast at around 8.0 per cent during 2006-07. * Inflation to be contained …

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to … reduce both future shocks and vulnerability to shocks. Inflation affects the typical savings cum pension portfolio and the …, which tend to increase with age, aggravate the psychological trauma associated with inflation. The decline of traditional …

. Business and consumer confidence has been impacted. Professional forecasters now see a weaker growth in the economy. However …, inflation and expectations of inflation remain high and upside risks emanate from exchange rate pass-through, revisions in … between risks to growth and inflation. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Publications/PDFs/M2D210112FL.pdf]. …

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