The Hindu Editorial Vocabulary 13th December 2024

The Hindu Editorial Vocabulary 13th December 2024 is an effective tool for regularly learning new words and their contextual meanings. Candidates can utilize this free resource daily to improve their vocabulary knowledge, especially those preparing for government exams like the IBPS PO, SBI Clerk, SSC, and Others.

Go ahead and start building your vocabulary power.

Price worries: On Inflation

The inflation trajectory suggests a rate cut may remain elusive (difficult to achieve) for some time.

From a 14-month high of 6.2% in October, consumer price inflation moderated (became less intense) to 5.5% last month. Much of this minor respite (break or pause) stems (originates) from a decline in the inflation rate of some food items. For vegetables, it cooled (became less severe) from a 57-month peak (highest point) of 42.2% to just under 30%, while foodgrain prices rose at the slowest pace (rate of change) in 28 months, and pulses cooled to just over 5% after a prolonged (lasting for a long time) spell (period) of double-digit spikes (sharp increases). Despite these pockets (specific areas) of relief, overall food inflation remained sharp (high) at over 9% for the third straight month, with edible oil prices firming (increasing) up 13.3%, the highest in 30 months as a global price spike has coincided (occurred at the same time) with an import duty hike (increase in tax) by the Centre. It is no surprise coconut oil prices are up over 42%, even as items such as garlic (85.1%), potato (66.7%), cauliflower and cabbage (well over 40%), are pinching (causing discomfort) consumers. While recent conversations about the economy have focused on decelerating (slowing down) urban demand, the price rise trend is hitting rural consumers harder with close to 6% inflation in November as well as higher food prices.

Despite assertions (statements) by the government that food prices are volatile (unpredictable) and should be ignored for monetary policy purposes when growth is stumbling (struggling), higher spends on meals are spilling (affecting) into other items’ prices. Manufacturing and services firms have reported intensifying (becoming stronger) cost pressures last month compelling (forcing) them to hike (increase) prices at the highest pace in 12 years. The Reserve Bank of India (RBI), which had originally estimated (calculated) October-December inflation to average 4.8%, raised it to 5.7% at its monetary policy review last week. This implies (suggests) inflation this month — which will be the last data before the RBI’s Monetary Policy Committee (MPC) meets next — could still be high at 5.4%. This would be well above the central bank’s median (middle) target of 4% — the MPC now expects average inflation to attain (reach) that level only by the second quarter of 2025-26. The government, whose clamour (demand) for an interest rate cut was ignored by the MPC last week, may be hoping its new appointee (appointed person) at the helm (head) of Mint Street, another Finance Ministry insider, may oblige (agree) with more urgent and bigger rate cuts to support growth. While some assert (claim) a rate cut in February’s MPC meet is virtually cemented (guaranteed), going by current trends, the data may not back such a move as growth might recover a bit and inflation may cool a tad (slightly) more, thus diminishing (reducing) any urgency. That the Centre would have presented its Budget 2025-26 by the next MPC meet, may help the rate cut case going forward, if it demonstrates fiscal (related to government finances) prudence (wisdom) and steps to ease (make easier) citizens’ living costs.

Hindu Vocab Wordlist 13th December 2024

Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary on 13th December 2024.

1. Elusive: Difficult to find, catch, or achieve.
2. Moderated: To make something less extreme or intense.
3. Respite: A short period of rest or relief from something difficult or unpleasant.
4. Stems: To start or develop from something.
5. Prolonged: Lasting for a long time.
6. Hike: An increase in something, especially a large one.
7. Pinching: To cause pain, discomfort, or a feeling of tightness.
8. Decelerating: To slow down or make something slow down.
9. Clamour: A loud and persistent noise or demand for something.
10. Oblige: To do something that someone has asked you to do, or to make it necessary for someone to do something.

Hindu Vocab Master 13th December 2024 with Synonyms & Antonyms

Here are the synonyms and antonyms of all the difficult words in Hindu Vocab Master for 13th December 2024:

Word	Synonyms	Antonyms
Elusive	evasive, slippery, fleeting, obscure	clear, obvious, accessible, attainable
Moderated	tempered, eased, softened, subdued	intensified, heightened, exacerbated, sharpened
Respite	break, relief, pause, interlude	continuation, permanence, persistence, endurance
Stems	originates, arises, derives, comes	ends, terminates, ceases, concludes
Prolonged	extended, prolonged, lengthy, drawn-out	brief, short, concise, temporary
Hike	increase, rise, boost, jump	decrease, drop, reduction, decline
Pinching	squeezing, tightening, gripping, hurting	relieving, easing, loosening, relaxing
Decelerating	slowing, reducing, braking, lessening	accelerating, speeding up, hastening, quickening
Clamour	uproar, noise, commotion, outcry	silence, quiet, calm, peace
Oblige	accommodate, assist, oblige, favor	refuse, deny, reject, ignore