Epic Research

Friday, December 14, 2012

Epic Update : Lower inflation

India’s main inflation gauge, in a big relief, unexpectedly cooled down to 7.24% (Provisional) for the month of November, 2012 as compared to 7.45% for October and 9.46% during the corresponding month of the previous year, thereby registering second consecutive decline. However, the annual reading for the month of September was revised sharply higher to 8.07% from earlier of 7.81%.

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