The Hindu Editorial Vocabulary 14th November 2024

The Hindu Editorial Vocabulary 14th November 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.

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Surprise spike: On the Consumer Price Index

October’s inflation pace surpasses expectations and dashes rate-cut hopes for now.

India’s consumer prices have gained fresh momentum (increased energy and force) over September and October, rendering (making) the tangible (real) softening in inflation to a pace below the official median target of 4% in the two months preceding them, a fleeting (brief) reprieve (relief). From 3.65% in August, retail price rise had hit a nine-month high of 5.5% in September. To be clear, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC), in its October review, had termed the inflation moderation as slow and uneven, and anticipated a reversal (opposite change) in September. A sharp surge (rapid increase) in vegetable prices, particularly tomato, from the onset (beginning) of the festival-packed month of October, and an uptick (small increase) in edible oil prices after nearly two years of decline, had stoked (intensified) anticipation (expectation) that the inflation may end up a tad (slightly) higher than September. However, the Consumer Price Index for October beat all economists’ projections by a wide margin, to rise 6.2%, the highest since August 2023 when it was up 6.8%.

Food prices remained the key bugbear (problem) as they have been through most high inflation periods this year. However, the uptick was alarming at 10.9%, the highest since last July, with urban consumers facing a sharper 11.1% uptick. Within the food basket, vegetable prices boomed (increased dramatically) 42.2%, the highest surge in almost five years, led by tomato prices that more than doubled year-on-year. Global edible oil price spikes also weighed in along with pricier fruits. The Finance Ministry, in its economic review late last month, had highlighted that the current bout (period) of inflation is driven by a few food items and is not feeding into other items of consumption. Core inflation (excluding food and energy) has been well under the headline inflation rate and continued to be comfortable, and sufficient food grain buffers with a healthy kharif harvest, it said, would alleviate (reduce) price pressures. These assumptions may need a rethink. The Governor of the RBI, Shaktikanta Das, had noted that core inflation had bottomed out, and is beginning to show — personal care and effects’ prices were up 11% in October. Even if food prices cool with fresh crop arrivals in coming months, other components of the price gauge (measure) are heating up. A durable (long-lasting) decline in inflation that the MPC is waiting for to mull (consider) interest rate cuts is now a poor prospect while hopes of a December rate cut are out of the window. That this coincides with a period of slackening (weakening) growth momentum and notably waning (decreasing) demand in urban India bodes ill (suggests bad news) for private investments. Policymakers at the Centre must acknowledge the interlinked (connected) challenge of inflation and consumption, so that an attempt can be made to fix what they can with the fiscal tools at their disposal — be it tax cuts, or better food management.

Hindu Vocab Wordlist 14th November 2024

Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary on 14th November 2024.

• Momentum: The force that keeps an object moving or an event developing after it has started.
• Rendering: Causing something to become a particular way.
• Fleeting: Lasting for a very short time.
• Reprieve: A temporary relief or delay.
• Surge: A sudden large increase.
• Stoked: Encouraged or increased the intensity of something.
• Bugbear: A particular thing that annoys or worries someone.
• Bout: A short period of intense activity of a specified kind.
• Alleviate: To make something less severe.
• Gauge: A device or standard for measuring something.

Hindu Vocab Master 14th November 2024 with Synonyms & Antonyms

Here are the synonyms and antonyms of all the difficult words in Hindu Vocab Master for 14th November 2024:

Word	Synonyms	Antonyms
Momentum	Force, drive, propulsion, energy	Weakness, inertia, stagnation, pause
Rendering	Making, causing, performing, delivering	Withholding, preventing, blocking, stopping
Fleeting	Brief, short-lived, temporary, momentary	Permanent, lasting, enduring, perpetual
Reprieve	Relief, postponement, delay, suspension	Continuation, aggravation, intensification, extension
Surge	Increase, rise, spike, escalation	Decline, drop, decrease, fall
Stoked	Fueled, increased, kindled, inspired	Suppressed, dampened, discouraged, reduced
Bugbear	Annoyance, grievance, irritation, issue	Comfort, pleasure, relief, ease
Bout	Spell, stretch, period, phase	Consistency, continuity, permanence, stability
Alleviate	Ease, lessen, reduce, relieve	Intensify, worsen, aggravate, heighten
Gauge	Measure, indicator, scale, assess	Guess, ignore, overlook, disregard