Friday, September 20, 2013

Inflation is concerning for India in coming Months

vInflation which was under control since long has started going up
 
v August WPI inflation has touched  six Month high 6.1% ( July à5.79% ) - 
 
v Consumer Price inflation continued to be a concern at 9.5%
 
v Increasing Inflation limiting the scope of much needed  interest rate cut required for  Economic growth
 
vGood Monsoons  may ease the Food prices from October 13  onwards  and ease Inflation 

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