PPT-India’s Food Price Inflation:

Is Demand Outpacing Policy Maurice Landes Economic Research Service US Department of Agriculture Indias Food Price Inflation In many ways instructive on the sources of recent global food price inflation. August 2015. Costs and prices. Chart 4.1. CPI inflation expected to remain around zero over the next few months. Bank staff projection for near-term CPI inflation. (a. ). (. a) The red diamonds show Bank staff’s central projection for CPI inflation in April, May and June 2015 at the time of the May . Inflation. Inflation . is . defined. as . an . increase in the overall level of prices.. When the general price level rises, each unit of currency buys fewer goods and services. inflation is also a decline in the real value of money—a loss of . INFLATION OR DEFLATION,. TELL ME IF YOU CAN…. WILL WE BE ZIMBABWE OR. WILL WE BE JAPAN?. INFLATION IS A GENERAL INCREASE IN PRICES OVER TIME, OR A GENERAL DECREASE IN THE VALUE OF MONEY. “I JUST BOUGHT FOUR TIRES. India – A Threat to Growth and Development?. A2 Macro – January 2014. Indian Population. Population still rising but more slowly. Growth and Inflation in India. Inflation in India is among the highest in the Group of 20 leading economies. November 2015. Costs and prices. Chart 4.1. . CPI . inflation projected to rise by the end of the year. . Bank staff’s projection for near-term CPI inflation. (a). (. a) The . red diamonds show Bank staff’s central projection for CPI inflation in July, August and September . Is Demand Outpacing Policy?. Maurice Landes. Economic Research Service. U.S. Department of Agriculture. India’s Food Price Inflation . In many ways instructive on the sources of recent global food price inflation. Inflation. Perfection. Deflation. 1. 2. But first a little behavioral economics.  . Mark Carney. Governor of The Bank of Canada. Inflation. refers to the general rise in prices from year to year.. Statistics Canada measures inflation using the CPI, which tracks price changes in consumer goods.. Inflation – a general increase in the price level. Deflation – a general decrease in the price level. Hyperinflation – extraordinarily high inflation. (Germany 1923 – prices doubled roughly every 2 days). 09. McGraw-Hill/Irwin. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. The Business Cycle. Alternating increases and decreases in economic activity over time. Phases of the business cycle. The claims. German labor…an 8-hour day. German households…money holdings. German . rentiers. …war bonds. Victorious allies…reparations. Disruptions to output. Strikes … 8-hour day. Altered borders . The price level is the weighted average of prices. A decrease in money’s purchasing power. When the supply of money is growing faster than the production of goods and services.. Inflation…what is it?. What is inflation?. Define inflation. How does it affect the economy?. a rise in the general price level. . It causes rising prices for goods and services. . It reduces purchasing power for individuals. . MEANING OF INFLATION.  .  Inflation is commonly understood as a situation of substantial, and general increase in the level of prices of goods and services in an economy and a consequent fall in the value of money over a period of time. .