India’s inflation drops further to 8.9 percent
By coolmailraj
@coolmailraj (2460)
India
November 20, 2008 1:16pm CST
Hi.
"Helped by a drop in prices of fuels and manufactured products, India’s annual rate of inflation fell further to 8.9 percent for the week ended Nov 8, from 8.98 percent for the week before, fresh data showed Thursday."
This is one news extract that we all were waiting for so long. I think Government has taken a few good steps to help the market and to lower the inflation.
Just wish this drop continues.
1 person likes this
1 response
@gvaisakh (421)
• India
27 Dec 08
YA........ it is nice to hear that inflation is dropping down......... In the week ended December 6, the inflation had dropped drastically to 6.84 percent.......... Now, in the week ended December 13, the inflation had dropped to 6.61 percent........... It is also good to hear that oil prices are going down too..........
HAVE A NICE DAY!!!!!!!!!
HAPPY MYLOTTING!!!!!!!!!!!!
HAPPY NEW YEAR TO ALL!!!!!!!!!!
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