Is This A Time for Monetary Policy Easing?
From Econintersect Combined RSS Feed
January 29, 2013 - 3:18am
by Ajay Shah, ajayshahblog
Click to enlarge
The best price index in India is the CPI-IW. 'Headline inflation' in India corresponds to the widely watched year-on-year change in the CPI-IW. The above graph shows us the experience of inflation in India from 1999 onwards. The informal target of policy makers is for inflation to lie between four and five per cent. These are the two blue lines on the graph.
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January 29, 2013 - 3:18am
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