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🚨 #DataPoint 🚨

Looking at the one-year-change in inflation is like saying "the vehicle increased its speed only by 10 points to 80 MPH which is a slow down of its increase from 35 MPH to 70 MPH."

It's incomplete if not misleading.

Here is the 2-year change in inflation: Image
After the month-over-month inflation in July '22 was zero, Biden boasted that inflation is zero.

Now when the month-over-month report for Jan is bad, he is focusing on year-over-year which seems better.

Monthly/yearly is a misleading.

The two year window shows the real story.
Inflation in Jan '23 was 3.5 times worse than the January of Biden's inflation:

14.3% now vs 4.00 back then!

(Two year change in inflation. Most headlines write in monthly or year over year changes). Image
Read 5 tweets
#DataPoint | Six years since the implementation of the #IBC, the resolution process continues to be mired in problems of systemic delays and steeper haircuts. (1/5)
#DataPoint | This chart shows the share of companies that were liquidated, approved, settled and withdrawn among the cases for which the resolution process was completed. (2/5)
#DataPoint | This chart shows the number of days taken to complete the resolution process. (3/5)
Read 5 tweets
#DataPoint | Last week, the #WHO informed that they are monitoring two new sub-lineages of the #Omicron variant - BA.4 and BA. 5. This announcement comes at a time when the number of deaths due to #COVID is at its lowest since the pandemic started. (1/5)
#DataPoint | BA.4 and BA.5 are two new sub-lineages of the #Omicron variant that the #WHO is actively tracking. The table shows the no.of such sequences detected globally and the countries they were spotted in. (2/5)
#DataPoint | This graph shows the number of cases and deaths globally. World over, deaths are at its lowest point since the pandemic started, and the cases are rapidly declining. (3/5)
Read 5 tweets
#Vaccination reality check: Yesterday marked the highest number of jabs in a single day in India. thehindu.com/news/national/… But as this shows, the peak seems artificial: scroll.in/article/998156…. Remains to be seen if supply constraints have been eased to maintain this pace. (1/n)
The pace of vaccination has definitely picked up but there are miles to go before targets are reached. Here is what, that remains to be done. (2/n) @the_hindu #Datapoint by @i_sumantsen and @nihalani_jasmin
Here's where we stand in terms of the estimated % of population that has been vaccinated so far, countrywide, and age-group wise. Only 3.7% of all Indians have been fully vaccinated & 17.2% have got atleast 1 dose (3/n) (See this tracker live on thehindu.com)
Read 8 tweets

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