The Primary Articles Inflation (index is given weekly) is up to 12.93% for the week ended 20 August 2011, showing a spike up from the 12.4% last week, and resuming the uptrend.
With the index now at 200, this is this highest it has ever been. But note the steep rise in Primary articles inflation last year all the way to December – the base rise of last year may keep inflation moderate this year.
Also, the earlier revisions – of 25-Jun this time – has brought that figure DOWN, from a first announced 11.56% to a revised 10.94%. Downward revisions have happened for the last three weeks but the magnitude is going down; at this point I think it’s a temporary phenomenon.
Related posts:
- Primary Articles Inflation Down To 13.96% for Feb 26, 2011 Primary Articles Inflation for Feb 26, 2011 has mellowed down...
- Monthly Inflation for Aug 2010 at 8.5% With the new WPI Base series (2004-05) coming into play...
- Interactive Inflation Map for July 2011 Every month, at MarketVision, we do an interactive page on...
- PI Inflation up at 15.77% for Feb 12, 2011 Primary Articles Inflation on 12-Feb 2011 has bumped itself up...
- MarketVision’s Interactive Inflation Map: March 2011 At MarketVision, I have a great interactive map of Inflation,...
Tags: Charts
