52-Week Average Inflation (per cent)
52 weeks ending | August 30, 2008 | September 1, 2007 | September 2, 2006 |
|---|---|---|---|
Primary Articles | 7.86 | 9.49 | 4.80 |
Fuel and Power | 6.76 | 1.70 | 8.67 |
Manufactured Products | 6.96 | 5.40 | 2.66 |
All Commodities | 7.12 | 5.46 | 4.44 |
Seasonal factors play an important role in build-up of inflation. Deseasonalised index, therefore, are commonly used in assessing price build up. Seasonally adjusted inflation (annualized from month over month build-up) during August 2008 is provisionally estimated at 5.5 per cent, compared to 12.7 per cent in July 2008 and 29.5 per cent in June 2008. Annualized seasonally adjusted inflation in August 2008 has been the lowest since December 2007.
Through this jugglery of words, the Government is trying to impress that things are comfortable. If your head is inside a fridge and your feet are on a burning stove, averagely speaking your body temperature should be a comfortable 40 degrees, but the fact remains that your head will freeze and your feet will be burnt, but don't worry – statistically speaking, you are comfortable.
If your height is six feet and if the average depth of the river you are trying to cross is 5 feet, arithmetically, you can comfortably cross the river, but the fact remains, you will get drowned at the point where the river is 8 feet deep.
And today you don't get any vegetable at less than Rs. 50/- a kg.