There is inflationary pressure in the economy: Finance Minister

07 Jul 2011 Evaluate

With the country’s weekly food inflation at seven-week low of 7.61% for the week ended June 25 on the back of cheaper vegetables, pulses and potatoes. In the previous week it was 7.78%. Finance Minister Pranab Mukherjee said, "There is inflationary pressure in the system and these weekly variations (in food inflation numbers) are mainly because of base effect.”

However, weekly food inflation is showing signs of moderation, according to the government data released on July 7, food inflation reduced to 7.61% for the week ended June 25. For the week ended June 25, on an annual basis, all the three items i.e. food items, non-food primary articles and fuel & power saw a marginal plunge, however, fuel index increased by 3.8% or 6.1 points to 166.3 from 160.2. On this, Finance Minister said 'This six points increase in mainly because of enhancement of prices of diesel, kerosene and LPG. That has its impact.'

He further said the overall inflation in June could see some upward movement, from 9.06% recorded in May. As per the government data, pulses became over 9% cheaper year-on-year during the period under review. Prices of vegetables also came down by 8.74%, while potatoes became 2.13% cheaper on an annual basis. However, prices of other food items remained high during the week.

The latest numbers on the rate of price rise of food items are the lowest since the week ended May 7, when food inflation stood at 7.47%. Headline inflation in the country stood at 9.06% in May. The overall inflation for the month of June is expected to rise further because of the government’s price hike of diesel and other petroleum products which account for more than 5.5% of WPI. Last month government hiked the prices of diesel, kerosene and domestic cooking gas by Rs 3/litre, Rs 2/litre and Rs 50 per cylinder. However, the hike in prices of diesel, cooking gas and kerosene announced on June 24 by the government is yet to be reflected in these numbers.

Finance Minister had on July 6 cautioned against the "suppressed component" of inflation. "There is a significant suppressed component of inflation as the increase in international crude oil prices has not been passed on completely despite increase in domestic administered oil prices effected in June, 2010, and June, 2011," he said.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.