Inflation for week ending August 30 at 12.10 percent.

Inflation for the week ended August 30 has come at 12.1% versus 12.34%. Experts feel this is not a comforting number and it will disturb the confidence as the index is simply not coming down. The base effect saves the day on a year on year basis but it shatters expectations that inflation is peaking off. The manufacturing index is the nasty number and is 0.3% higher and is a cause for worry.

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