Reuters reported that India's WPI index is expected to peak at 10% in March 2010, from an earlier forecast of 8% for the period.
HSBC said that the Reserve Bank of India in its October policy review had projected WPI inflation for end March at 6.5% with an upward bias from 5% earlier.
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Tuesday, January 19, 2010
Macroeconomic indicators - WPI index to peak at 10pct in March 2010 - HSBC
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