ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Inflation and Relative Prices in 2006-10: Some Analytical and Policy Issues

An intriguing phenomenon in the Indian economy in the recent past has been the movement of inflation - in wholesale and consumer prices - between 2006 and 2010. This was a period - covering the pre- and postcrisis years - during which gdp growth was, first, very high and stable, only to be followed by sharp deceleration and then by a quick recovery. This paper sets out to analyse the movement of inflation over these years and the factors underlying the shifts. The policy dilemmas for the government and the central bank are discussed, as also what conventional theory suggests could be the causes and solutions. It concludes with a discussion of the likely challenges in the future.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top