The Hindu Editorial (Beguiling base) – Oct 14, 2021

The latest sets of data on industrial output and retail inflation are beguilingly heartening, with the former showing a double-digit year-on-year increase in production,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Beguiling base) – Oct 14, 2021.

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The Hindu Editorial (Beguiling base) – Oct 14, 2021:

beguile (verb) – charm, attract, captivate, mesmerize, tempt, lure, entice (in a deceptive way); mislead, deceive, trick.
beguiling (adjective) – attractive, charming, captivating, mesmerizing (in a deceptive way).
base (noun) – basis, principle, rationale.
inflation (noun) – simply meaning “cost of living”; an increase of price level of goods & services and vice versa decrease of currency value.
cut (verb) – reduce, decrease, lessen.
levy (noun) – imposition, charging, collection (of a tax, fee, fine).
bring down (phrasal verb) – decrease, reduce, lower, diminish.
Retail or Consumer Price Index (CPI) inflation (noun) – The change in the price index of the basket of consumer goods and services over a period of time is referred to as CPI-based inflation or retail inflation.
beguilingly (adverb) – attractively, charmingly, captivatingly, mesmerizingly (in a deceptive way).
heartening (adjective) – encouraging, promising, hopeful, reassuring.
year-on-year (adjective) – year over year (for comparison).
posit (verb) – put forward, predicate, set forth, propose, pose.
slowdown (noun) – decline.
price gain (noun) – a general increase in the price of something.
Index of Industrial Production (IIP) (noun) – a composite (combined/complex) indicator that measures the changes in the volume of production of a basket of industrial products during a given period with respect to the volume of production in a chosen base period.
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.
index (noun) – an (economic) data figure reflecting something (e.g. price/quantity) compared with a standard or base value; pointer, indicator.
basis point (BPS) (noun) – a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equivalent to 0.01% (1/100th of a percent). Used for measuring change in interest rate/yield.
preceding (adjective) – previous, prior, earlier.
gathering (adjective) – gradually increasing/raising; likely, possible; imminent, impending, brewing, forthcoming.
momentum (noun) – driving power, strength, impetus.
mandated (verb) – directed, required, instructed.
constituent (noun) – integral (part/unit).
mining (noun) – the extraction of valuable minerals (e.g. iron ore) or other geological materials (e.g. coal) from the Earth.
appreciable (adjective) – considerable, substantial, significant.
buoy (verb) – rally, uplift, encourage, stimulate, give strength to.
substantially (adverb) – considerably, significantly, largely.
contraction (noun) – In economics, it refers to a decline in national output as measured by gross domestic product.
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.
eroded (adjective) – weakened, spoiled, destroyed, undermined, deteriorated.
disguise (verb) – conceal, cover, hide, veil.
shrank past of shrink (verb) – lessen, reduce, decrease.
month-on-month (adjective) – used to compare data for one month with that in previous months.
account for (phrasal verb) – constitute, make up, comprise.
sequential (adjective) – continuous, consecutive.
consumer non-durables (noun) – products/goods (such as food, clothing, fuel, etc.) which are produced for immediate use and frequently replaced by the consumer.
consumer durables (noun) – manufactured products/goods (such as TV, fridge, AC, motorbike, car & etc) which last for an extended period of time.
reflect (verb) – indicate, show, display, demonstrate, reveal, exhibit.
lack of (noun) – shortage, absence, deficiency.
white goods (noun) – large electrical goods for the house such as refrigerators and washing machines (typically white in colour).
amid (preposition) – in the middle of, surrounded by; during.
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.
fiscal (year) (noun) – financial year.
rebound (verb) – recover, rally, pick up.
hit (verb) – affect, damage badly.
shortage (noun) – shortfall, deficiency, insufficiency.
logistic (adjective) – relating to logistics (the process of transporting goods).
constraint (noun) – restriction, limitation, restraint.
sustain (verb) – support, encourage, give strength to, buoy up; continue, keep up, maintain, bolster up.
elevated (adjective) – higher/greater (than normal).
headline inflation (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices.
headline (adjective) – relating to a rate of inflation based on the consumer price index (CPI).
reading (noun) – measurement; figure/amount.
headline inflation (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices.
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).
accelerate (verb) – increase, rise, surge.
mask (verb) – hide, conceal, disguise, cover up, camouflage, veil.
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.
undermine (verb) – weaken, subvert, sabotage, damage.
nutritional security (noun) – it can be defined as adequate nutritional status in terms of protein, energy, vitamins, and minerals for all household members at all times.
food security (noun) – it is defined as the availability and the access of food to all people.
sizeable (adjective) – substantial, considerable, significant, large.
pulses (noun) – pulses are the term used for edible dry peas, beans, lentils, and chickpeas &, etc.
provisional (adjective) – temporary, short-term, interim, transitional.
vital (adjective) – key, essential, important.
pump price (noun) – the retail selling price of petrol/diesel (to the public).
stuck (adjective) – fixed.
crude oil (noun) – the raw natural resource that is extracted from the earth and refined into products such as gasoline, jet fuel, diesel and other petroleum products.
deign (verb) – think fit, see fit, deem it worthy of oneself, stoop, lower oneself, descend, humble oneself.
entreaty (noun) – appeal, request, demand.
ease (verb) – lessen, reduce, decrease.
roil (verb) – disturb; make irritated, make annoyed.
ripple (verb) – shake, oscillate, move, spread (like waves).
price stability (noun) – no (drastic) change in the price of goods and services in an economy over a period of time. It implies avoiding both prolonged inflation and deflation.
post-haste (noun) – as quickly as possible, as soon as possible, ASAP, without delay, quickly, very quickly, speedily, swiftly, without further ado, promptly, immediately.