CPI Inflation Charts Done Even Better: The Comparison With Last Year

1 Comment » Written on May 15th, 2014 by
Categories: Inflation

Reader Shyam requested a post on the CPI index in the style of the WPI posts. Here’s a quick post of such a graph:

image

If you see the index last year it went up substantially in slope from May to November. So we might see a higher inflation figure in May (released in June). But after that, if our current slope continues, we will see a drop in inflation. The main issue will be the monsoon - will it be an El Nino year that causes a drought?

Remember though that last year, prices of food went up despite a fantastic monsoon. More forces will come to play than the plain old rain.

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About the Author:
http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company. Deepak also provides data research and consulting services, and now lives in Bangalore. Connect with him at deepakshenoy@capitalmind.in.

One Response to “CPI Inflation Charts Done Even Better: The Comparison With Last Year”

Thanks Deepak :) That was fast.