We continue the “Scary Revisions” series of Primary articles inflation (mainly food). Data for 21 Aug 2010 showed the primary articles inflation at 15.19%.
As usual, the revision of 26 June data pushed inflation then to 17.11%, up from the 16.08% reported. The upward revisions better stop here, otherwise we’ll see something dramatic.
Posts on Inflation:
- Aug 27, 2010: Food Inflation at 14.75%, Scary Revisions of 2%+
- Aug 16, 2010: June Monthly WPI at 262.5, Inflation at 9.97%
- Aug 3, 2010: Deflation is Really Bad: Or, What Is Krugman On?
- (More on Inflation)
Related posts:
- Primary Articles Inflation at 14.56% Inflation at the Wholesale Price Index Level (WPI) for all...
- Food Inflation at 14.85%: Dangerous Past Revisions Food Inflation – the “Primary Articles” part of the WPI...
- Monthly WPI Inflation at 10.55%, April revised to 11.23% Wholesale price inflation – the detailed monthly data – shows...
- Food Inflation at 14.75%, Scary revisions 2%+ Primary articles inflation (mainly food) was announced at 14.75% but...
- More Inflation (or the lack of it) The latest inflation report has inflation at -1.55%. This is...
>I think the government is waiting it out as the good monsoon will bring the prices down. This is a supply side problem and cannot be rectified by demand side corrections
09.05.10 at 5:49 AM
>What if it doesnt Piyush
Supply side is being badly handled by pawar and co and worse i think it has been a reasoning for far too long a time
09.07.10 at 3:41 PM