Inflation at 6.84 percent.

>> Thursday, December 18, 2008

India's annual inflation rate dropped to a nine-month low below 7 percent in early December, helped by falling fuel prices and raising the prospect of deeper interest rate cuts in coming weeks.

India's wholesale price index , its most widely watched inflation measure, rose 6.84 percent in the 12 months to Dec. 6, sharply below the previous week's 8 percent and lower than a Reuters estimate of 7.49 percent.

More readings on Reuters.


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1 comments:

IndianMoneyPlus.Ccom December 18, 2008 at 2:14 PM  

Inflation is cooling economy can do well.

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If you have a stock pick with analysis plz comment so I can publish it.