Inflation conundrum – The Hindu (Jul 14, 2017)

Inflation conundrum – The Hindu (Jul 14, 2017)

The latest Consumer Price Index data show headline retail inflation has decelerated to a record low of 1.54% in June. That the reading has slid below… For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1

1. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
2. conundrum (noun) – problem, difficulty, mystery.
3. dilemma (noun) – difficulty, problem, conundrum.
4. headline inflation (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices (e.g., oil and gas).
5. core inflation (noun) – it is a measure of the total inflation within an economy, excluding commodities such as food and energy prices (which change frequently).
6. decelerate (verb) – slow down, reduce speed, slack up.
7. reboot (verb) –  reintroduce, re-establish, restore.
8. rationale (noun) – reason/basis; principle; motivation.
9. volatile (adjective) – unpredictable, fluctuating, changeable.
10. spur (verb) – stimulate, encourage, motivate/urge.
11. flag (verb) – indicate, identify, point out.
12. deflationary (adjective) – characterized by or tending to cause economic deflation.
13. exhorting (verb) – urge, encourage, pressure.
14. oversee (verb) – supervise, administer, manage.
15. sagacity (noun) – wisdom, insight, intelligence.
16. sit pat (phrase) – oppose, resist, deny.
17. anecdotal (adjective) – informal, unreliable; unscientific/narrative.
18. debt (noun) – liability, financial obligation, borrowed capital.
19. tail risk (noun) – it is the additional risk of an asset or portfolio of assets moving more than 3 standard deviations from its current price, above the risk of a normal distribution (Courtesy: wikipedia).
20. caveat (noun) – condition, stipulation, provision/clause.
21. weigh (verb) – consider, contemplate, think about.

Note:

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2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. Use it with the corresponding article published on the source (website) via the link provided. 

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