The Hindu Editorial (fear factor) – Oct 19, 2023

Inflation faced by consumers eased to 5% in September, bringing some relief after a sharp rally in prices that began with July’s 15-month high inflation rate of 7.44%… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (fear factor) – Oct 19, 2023.

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The Hindu Editorial (fear factor) – Oct 19, 2023:

inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
spoilsport (noun) – a selfish act which spoils pleasure of others.
ease (verb) – decrease, lessen, diminish, reduce, lower.
rally (noun) – recovery, upturn, rebound, improvement, resurgence (after decline).
mark (verb) – represent, signify, indicate.
tolerance (noun) – deviation, variation.
estimate (noun) – rough calculation, estimation, valuation.
of course (phrase) – certainly, obviously, definitely.
resolutely (adverb) – firmly, determinedly, diligently, seriously, intensively,
durably (adverb) – long-lastingly, strongly, permanently.
attain (verb) – reach, get, obtain, realize, achieve, accomplish.
reckoning (noun) – calculation, estimation, computation.
distant (adjective) – remote, unreachable, out of reach, beyond reach, unapproachable.
quarter (noun) – a period of three months (considered as one-fourth of a year).
temper (verb) – moderate, tone down, mitigate, decrease, lessen.
project (verb) – predict, indicate, forecast, prognose, speculate, calculate (of future events or trends).
International Monetary Fund (IMF) (noun) – an international organization of 189 countries, headquartered in Washington, D.C., working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
World Bank (noun) – The World Bank is an international development organization owned by 187 countries. Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people. The World Bank was established in 1944 to help rebuild Europe and Japan after World War II. Its official name was the International Bank for Reconstruction and Development (IBRD).
aid (verb) – help, assist, support.
pace (noun) – rate, speed.
base effect (noun) – it relates to inflation in the corresponding period of the previous year, if the inflation rate was too low in the corresponding period of the previous year, even a smaller rise in the Price Index will arithmetically give a high rate of inflation now.
dip (noun) – decrease, drop, decline, reduction, lessening.
volatile (adjective) – turbulent, unstable, unsteady, uncertain.
Liquefied petroleum gas (LPG) (noun) – a flammable mixture of hydrocarbon gases in liquid form used as fuel in heating appliances, cooking equipment, and vehicles.
unlikely (adjective) – doubtful, implausible, improbable, questionable.
sustain (verb) – support, encourage, give strength to, buoy up; continue, keep up, maintain, bolster up.
cool (verb) – reduce, lessen, diminish, decrease.
food price inflation (noun) – the rise in the prices of most goods and services of food & related things.
spur (verb) – induce, prompt, stimulate, encourage.
spike (noun) – a sharp rise/increase of something.
disproportionately (adverb) – inordinately, excessively, immoderately, unduly, unreasonably, unjustifiably.
influence (verb) – impact on, effect, have an affect on; determine.
crashing (adjective) – reducing, lessening, decreasing, dropping (in value suddenly).
accelerate (verb) – increase, rise, expedite, step up, speed up.
pulses (noun) – edible seeds (chickpeas, lentils, beans). (dals).
cereal (noun) – a grain or plants that produce it (for example-wheat, maize, rice & etc.).
spices (noun) – aromatic vegetable substances, in the whole, broken, or ground form, whose significant function in food is seasoning rather than nutrition (ginger, pepper, cloves, cumin etc.).
sticky (adjective) – awkward, difficult, tricky, problematic, delicate, embarrassing.
erratic (adjective) – uncertain, varying, unpredictable, irregular, fluctuant, unreliable.
kharif sowing/crops (noun) – monsoon crops; seeds sowing in the beginning (Jun) of the monsoon and harvesting at the end of the season (Oct) in the South Asia.
rabi sowing/crops (noun) – winter crops; seeds sowing in the beginning (Nov) of the winter and harvesting at the end of the season (Apr) in the South Asia.
sowing (noun) – an act of seeding a plant or crop.
crop (noun) – a plant that can be grown and harvested extensively for profit or subsistence.
uncertainty (noun) – unpredictability, unreliability, riskiness/precariousness.
El Nino (noun) – an unusual/abnormal warming of the waters across the central and eastern equatorial Pacific that lies closer to the Americas). La Niña means abnormal cooling.
Inflationary/price/cost pressures (noun) – the demand and supply-side pressures that can cause a rise in the general price level; cost-push inflation, hot-economy, deficit finance.
source of concern (phrase) – a cause/reason of worry.
Consumer Price Index (CPI) (noun) – The CPI looks at the basket of consumer goods and services and it measures the change in price of this basket over a period of time. To put it simply, the CPI monitors retail prices at a certain level for a particular commodity.
Wholesale Price Index (WPI) (noun) – The WPI looks at a basket of wholesale goods (goods purchased in large quantities by businesses directly from manufacturers with the intent of reselling them to retailers). the WPI tracks prices at the factory gate before the retail level.
deflationary (adjective) – characterized by or tending to cause economic deflation.
on the back of (phrase) – because of, as a result of.
uptick (noun) – a small increase or upward trend.
streak (noun) – period, time, spell, session, season, stretch.
held past tense of hold (verb) – remain unchanged; continue without changing, carry on, keep up.
tempt (verb) – convince, persuade, entice, have an urge.
cut (verb) – reduce, decrease, lessen.
brunt (noun) – burden, impact, pressure, shock, effect.
feed into (verb) – to have an effect/influence on something.