Announcement

Thursday, December 16, 2010

Macroeconomic indicators - GDP growth and decline in inflation may lead to a pause in tightening - Fitch

Decline in November 2010 inflation rate to 7.48% was mainly due to a sharp decline in inflation rate for primary articles (13% in November 2010 as against 16.68% in October).

While year on year inflation rate of rice declined in November 2010 compared to October 2010, prices of wheat,

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