Lakshman Achuthan is the Managing Director of Economic Cycle Research Institute. ECRI studies recessions and recoveries. They forecast economic and inflation cycle turns for all major market economies using a rigorous and objective methodology. In this interview Lakshman said that the future inflation gauge could head up at any time. For the following year after the interview the FIG was up 11 out of 12 months. Lakshman also talks about his views on the recovery.