The Hindu Editorial (Inflation alert) – Jul 16, 2020

The last thing that India’s pandemic-hit economy needs is accelerating inflation. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Inflation alert) – Jul 16, 2020.

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Today’s word list-1 for The Hindu Editorial (Inflation alert) – Jul 16, 2020:

inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
depressed (adjective) – weakened, impaired, debilitated, distressed, sluggish.
cause for disquiet (phrase) – reason to worry.
disquiet (noun) – distress, worry, concern.
pandemic-hit (adjective) – affected by pandemic.
accelerating (adjective) – increasing, rising, surging, escalating.
headline retail inflation (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices. The CPI monitors retail prices at a certain level for a particular commodity. The change in the price index over a period of time is referred to as CPI-based inflation, or retail inflation.
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).
crippling (adjective) – weakening, damaging, impairing, destroying, spoiling, paralyzing.
lockdown (noun) – an emergency protocol implemented by the authorities that prevents people from leaving from a place; An extended state of confinement/encirclement/isolation of a person by the authority.
preceding (adjective) – previous, prior, earlier.
shutdown (noun) – closure of a (complete) system; closing down, winding up.
acceleration (noun) – increase, rise, surge, escalation.
consumer price index (CPI) (noun) – it is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households. To put it simply, it tracks the prices of goods and services purchased by consumers.
beverage (noun) – a drink, such as tea, coffee, liquor, beer, milk, juice, or soft drinks, usually excluding water.
year-on-year (adjective) – year over year (for comparison).
pulses (noun) – the dried edible seeds of certain plants in the legume family (a group of 12 crops that includes dry beans, dry peas, chickpeas, and lentils). The term “pulses” is limited to crops harvested solely as dry grains.
surge (verb) – rise or increase suddenly.
derivatives (noun) – by-products.
moderate (verb) – decrease, control, reduce.
perishables (noun) – things, especially foods, likely to decay quickly.
deflation (noun) – a decrease in the general price level of goods and services.
sustained (adjective) – continuous, constant, steady.
feed through (phrasal verb) – have an impact/effect on something.
produce (noun) – (natural) products, foods.
envisage (verb) – foresee, predict, forecast.
soften (verb) – lessen, diminish, decrease.
timely (adjective) – opportune, well timed, at the right time, appropriate, prompt.
onset (noun) – start, beginning, arrival.
reassurance (noun) – comforting, consolation, relief, encouragement.
sustain (verb) – continue, carry on, keep up, maintain.
momentum (noun) – strength, driving force, impetus.
agrarian (adjective) – relating to cultivating/farming.
heartland (noun) – the most important part of a field of activity; the central part of something.
prospects (noun) – chances, possibilities, expectations, outlook.
bountiful (adjective) – abundant, plentiful, ample.
harvest (noun) – gathering in of the crops.
resultant (adjective) – occurring as a result of (something just mentioned).
moderation (noun) – reduction, lessening, decrease.
bright (adjective) – promising, rosy, optimistic, hopeful, favourable.
insulate (verb) – protect, keep safe, shield.
iron ore (noun) – rocks and minerals from which metallic iron can be economically extracted.
pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
paint (verb) – portray, depict, describe, represent.
dismal (adjective) – bad, poor, dreadful, awful/terrible.
picture (noun) – situation, condition, circumstances.
sentiment (noun) – way of thinking, attitude, point of view, general opinion/belief.
poll (verb) – survey.
steep (adjective) – sharp, sudden, rapid.
set (adjective) – likely, prepared, ready (to do something).
cope with (verb) – deal with, grapple with, handle/manage.
faltering (adjective) – relating to something which is losing strength; fluctuating, oscillating.
profitability (noun) – the ability of a company to use its resources to generate revenues in excess of its expenses.
bound (noun) – a limiting value.
unenviable (adjective) – difficult, undesirable, unpleasant.
rate cut (noun) – a decision by a central bank (like RBI in India) to reduce its main interest rate to the banks (like SBI, ICICI & etc in India) when these commercial banks get money from the central bank. Once this rate goes down, the banks are in a position to give loans at lower interest rates to individuals and the industry.
revive (verb) – recover, regain, restore, improve.
fan (verb) – intensify, increase, exacerbate, stimulate.
stagflation (noun) – it is a combination of stagnant or slow economic growth, high unemployment and high inflation.