Inflation declines to 6.38%...  

Posted by ChEthAn in

Inflation came down by 0.23% from 6.61% in the last week to 6.38%. Declining in food and fuel prices pushed the inflation down in succession. I think this fall in inflation will force RBI to go for further cuts in key policy rates to strengthen the economy. This will be good news for market to go up for short period of time.

This entry was posted on Thursday, January 1, 2009 at Thursday, January 01, 2009 and is filed under . You can follow any responses to this entry through the comments feed .

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