Inflation… Probably the most haunted word, for both, households and the policy makers. It is equally haunting for the readers/students of economy and business..! Continue reading CPI and WPI Inflation- Making sense of numbers..!
Monthly data on WPI inflation was released today and CPI inflation was released last week. WPI inflation increased to 3.55% in July’16 whereas CPI stood at 6.1%,, marginally above the target set by the government. However, the monthly reading of Inflation appear quite monotonous and doesn’t help understand the longer term trend. Further, it has a … Continue reading CPI, WPI Inflation – Tracking the performance..
WPI based for the month of April was released last week with inflation showing an increase for the first time after 17 months. The reversal may cause anxiety if this turns out to be the beginning of another upward movement in the inflation cycle. Inflation is a word that every policymaker, and of course, the … Continue reading Explaining Inflation..
The week’s highlight was the news from banking sector. While SBI initiates process for merger of its associate banks, PNB shocks with more than Rs 5,000 crore loss in Q4’ 16. Other than PNB, four other PSBs, IDBI Bank, Syndicate Bank, Corporation Bank and UBI declared their results this week. All four have reported significant … Continue reading Weekly Round Up – Week 20