Monday, January 14, 2013

Indian Inflation Eases in December Raising Hopes of Rate Cuts


India's headline inflation declined to the lowest level in almost a year in December, paving the way for the central bank to ease interest rates to boost economic growth.
Inflation, as measured by the Wholesale Price Index (WPI), declined to 7.18 percent in December from 7.24 percent in November.
The Reserve Bank of India (RBI) had earlier projected an inflation... (Continue Reading)

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