Glossary Terms

04

Nov'17

Administrative prices

Administrative prices are the prices of goods or services determined by the government rather than the market mechanism.

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Nov'17

Imported inflation

Increase in the prices of imported goods like crude, coal etc., can produce domestic inflation. this is called imported inflation.

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Nov'17

Inflation Expectations Survey

The Reserve Bank of India has been conducting Inflation Expectations Survey of Households since September 2005 on a quarterly basis. …

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04

Nov'17

Inflation Expectations

Inflation expectations is the anticipation of inflation by the household and the business people for the future. “Inflation expectations is …

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04

Nov'17

Protein Inflation

Protein inflation is the increased prices of protein rich items like mil, meat, fish, egg etc.

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Nov'17

Food Inflation

Food inflation is the inflation visible in food items. There are two food inflation measurements out the CPI -the Consumer …

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Nov'17

Headline inflation

This is the inflation figure that we can observe from consumer price index of wholesale price index. If the CPI …

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04

Nov'17

Seasonal inflation or non-core inflation

Seasonal inflation is the temporary price rise that usually occurs in primary products like food and fuel items.

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Nov'17

Core inflation or Underlying inflation

Core inflation which is also called underlying inflation, excludes seasonal inflationary factors such as food and energy costs. The transitory …

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04

Nov'17

Philip’s curve

Philip’s curve shows a trade-off between inflation and unemployment. Unemployment can be reduced by affording to inflation. The concept has …

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