It would be reacting to volatile changes in a small subset of prices that would likely reverse course in the near future. Is core always a better predictor than total CPI inflation? Experience in Canada has shown that core inflation does outperform total inflation as an operational guide for policy.
Based on your feed back, we can improve the lessons and instruction material both here in Karnataka and all other states. BIS Review 40/2010  1  6. Now let us know more about financial literacy. Banking facilities are still not available to many villages. Out of about 6 lakh villages in our country, 5.7 lakh villages still do not have any bank branch.