Inflation numbers comes in Single digits at 8.98.

>> Thursday, November 13, 2008

Inflation now becomes a positive surprise for Indian Economy.
It comes out in Single digits afters months howering in double digits.
The reasons are low crude prices.
ATF is down 18%.
Naphtha is down over 33%.
Commodity prices are falling this is the reason for inflation to come in single digits.

Inflation no's this week 8.98 v/s 10.72 last week.

Markets will surely cheer tomorrow.

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