The mint misery index

A m isery index developed by this newspaper suggests that the sharp deterioration in economic conditions since the middle of 2011 could be one reason for voter dissatisfaction with the second Manmohan Singh government. The Mint Misery Index is based on how far two key economic parameters—consumer price inflation and growth in gross domestic product—have drifted away from their targets. The painful combination of declining growth and rising inflation has sent the index shooting up over the past three years.

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