Wholesale Price Index (WPI) based inflation rate is projected at 3.1% in 2019-20. Solar Capacity Targets :The Government had set a target of installing 100 GW of solar capacity by 2022 in the country. The Government had set a target of installing 60 GW of wind power capacity by 2022 in...
Wage Growth Wages Consumer Price Index CPI Core Consumer Prices Core Inflation Rate CPI Housing Utilities CPI Transportation Export Prices Food Inflation GDP Deflator Import Prices Inflation Expectations Inflation Rate MoM Inflation Rate YoY Producer Price Inflation MoM ...
This will boost the government’s finances, and help fund efforts to protect vulnerable sections from rampant inflation. Italy and the UK are two key economies that have levied windfall tax. What is the case with India? The budget expenditure on fuel, food and fertilizer subsidies are ballooning...
The term core inflation was coined by Eckstein (1981) who defined it as ‘the trend increase of the cost of factors of production’ that ‘originates in the long-term expectations of inflation in the minds of households and businesses, in the contractual arrangements which sustain the wage-pri...
Thanks to the Delivering for America Plan, and funding included in the Inflation Reduction Act (IRA), the Postal Service will operate one of the largest electric vehicle fleets in the nation. The Postal Service plans on procuring a total of 21,000 Commercial-Off-the-Shelf (COTS) electric ve...
Wage pact between Coal India and workers’ unions(Only for Online Coaching Members) ILO comes to defend its report on ‘modern slavery’(Only for Online Coaching Members) IB missive(Only for Online Coaching Members) Apparel sector troubled by embedded taxes on exports(Only for Online Coaching Mem...
Industrials (this would be #3, except US industrials make mostly consumer products) less aggressive Consumer discretionary Real Estate (this would be #4, except that a lot of the publicly traded vehicles are income- oriented REITs) Financials ...
In the 1970s, Israel also became a close military ally of the US. Adjusted for inflation, the American government has given Israel some$260 billion in aid, the vast majority of it military. Israel is the largest annual recipient of US military aid, and the package grows with almost every...
Answer to: Increased production, but not increased inflation, will result in higher a. nominal GDP. b. money GDP. c. real GDP. d. current dollar...
With unemployment likely to stay near 10% for the next year, it is hard to imagine wage inflation returning any time soon. In October I illustrated a simple Phillips curve relation that could be used to forecast the inflation rate over the next two years