Computer games and fashion prices boost inflation in bounceback after Covid 19 disruption

Inflation posted a surprise increase to 0.7% in October from the previous month’s 0.5%, official figures showed today.

The Consumer Prices Index showed a rise as clothing prices increased, returning to normal seasonal patterns after the disruption wrought on the industry by Covid-19 .

Food prices also “nudged up”, as did second hand cars and computer games.

“These were partially offset by falls in the cost of energy and holidays,” the Office for National Statistics said.

The price of goods as they leave the factory gate, known as producer prices, fell 1.4% against 1.7% in September, perhaps signalling the crisis hitting manufacturers could be easing.

Similiarly, the deflation in raw materials eased somewhat, coming in at  1.3% in the year to October against 2.2% in September.

Including people’s housing costs, the consumer prices index inflation rate was 0.9% October, up from 0.7% in September.

Recreation and culture were the biggest

Read More

Reliance Jio: Disrupting India Internet, 2020 Report – Detailed View on the Expected Disruption from the Entry/Presence of Jio Platforms

DUBLIN, Nov. 9, 2020 /PRNewswire/ — The “Reliance Jio – Disrupting India Internet” company profile has been added to’s offering.

This perspective on Reliance Jio’s potential to make an impact in the India internet space, along with detailed view on the expected disruption from the entry/presence of Jio platforms in specific internet sectors.

Reliance Jio has truly disrupted the mobile internet space in India, acquiring a base of 400 Mn internet users and has become the leading mobile internet provider in the country, in a span of ~3-3.5 years.

Jio now plans to ride on this promising opportunity through its online platforms across internet verticals like e-tailing (Grocery, Fashion), eB2B retail, digital content, digital payments, eHealth, Ed-tech and others. Post announcement of JioMart, Jio platforms has seen remarkable backing from global investors. Moreover, Jio enjoys strong brand trust among the Jio mobile internet users, which is significantly

Read More

Making The Connection Between Disruption And Customer Loyalty

Rethinking glass as President of Customer Operations & Chief Business Officer at SiO2 Materials

As much as people love something new, in my experience, most people don’t like change. Incumbents, both in markets and in congressional seats, have a distinct advantage over those who seek to displace them. If you want to make changes on a big scale, you must first convince the masses that change is necessary.

The Covid-19 pandemic has created a breeding ground for innovation out of necessity. When people get no say in sweeping change, they become far more willing to adopt new solutions. Take remote work, for example. Thousands of companies could have switched to remote work any time over the last few years, but they elected to keep employees in offices because of an outdated mindset. In the wake of the pandemic, several companies (such as Twitter and Slack) have already said

Read More