Primary articles inflation goes to 16.8%, increasing slightly from the 16.2% last week.
Last year, the month of September was benign, so expect a high headline figure in the next two weeks as well. With potential floods, we aren’t going to have a great food supply situation in October – perhaps the rains stop now and help.
Not plotting revisions now – the index data is changing as we step into a new base year, so I’ll let revisions be for a couple months.
Posts on Inflation:
- Sep 18, 2010: New WPI Shows Much Higher Inflation: 16.22%
- Sep 14, 2010: Monthly Inflation for Aug 2010 at 8.5%
- Sep 9, 2010: Food Inflation 15.4%, Revisions Still Scary!
- Sep 4, 2010: Inflation: Primary Articles at 15.2%
- Aug 27, 2010: Food Inflation at 14.75%, Scary Revisions of 2%+
- Aug 16, 2010: July Monthly WPI at 262.5, Inflation at 9.97%
- Aug 3, 2010: Deflation is Really Bad: Or, What Is Krugman On?
- (More on Inflation)