Saturday, November 3, 2007

INFLATION RATES. DECLINES TO 5 YEAR LOW - INDIA NEWS

INFLATION RATES. DECLINES TO 5 YEAR LOW - INDIA NEWS

The inflation rates have declined to a new 5 year low at 3.02% fo the week ended October 20 from 3.07% in the previous week. Now the inflation rate stands very close to the target of 3.0%.

One year ago the inflation rates stood at 5.61%. This is a major achievement in all respect for the Indian economy.

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