Keep a watch on food inflation – The Hindu (Aug 20, 2016)
The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. For further reading, visit “The Hindu”.
Word List:
- Inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
- Indices – plural of index (noun) – measure; guide, indication, sign.
- Tolerance (noun) – deviation, fluctuation, variation, allowance.
- Outlook (noun) – prospects, expectations, expectancy, lookout, future.
- Worthwhile (adjective) – valuable, useful, beneficial, of value.
- Agrarian (adjective) – relating to cultivating/farming.
- Bound to (adjective) – certain, sure, very likely, guaranteed.
- Uptick (noun) – a small increase.
- Outpace (verb) – rise/improve faster than.
- Stickiness (noun) – a situation in which nominal price/cost of something is resistant to change.
- Undermine (verb) – subvert, weaken, diminish, damage.
- Tax (noun) – burden, load, weight, strain.
- Impetus (noun) – stimulus, encouragement, incentive, boost.
- Lacklustre (adjective) – dull; uninspired, uninteresting.
- Fillip (noun) – stimulus, boost, encouragement, incentive, impetus.
- Payout (noun) – a large amount of money; compensation, dividend.
- Have one’s work cut out (idiom) – to have a difficult work/task to complete.
- Fiscal (adjective) – financial, economic, monetary; tax, budgetary.
- Fan (verb) – intensify, increase, incite, stimulate, trigger.
- Grapple with (verb) – tackle, confront; deal with, cope with; concentrate/focus on.
- Stakes (noun) – it involves in a contest ( or competition, challenge, risky action) where things can be gained/lost.
Note:
- Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/ .
- Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press.