Mehra, Puja
April 2009
Business Today;4/19/2009, Vol. 18 Issue 8, p26
The article discusses the inflation rate in India. The Wholesale Price Index (WPI) has declined to near zero due to a high base. Moreover, the annual inflation rate fell to 0.27% in March 2009 from 8% in 2008. The Consumer Price Index (CPI), on the other hand, was at 10.4% as of January 2009, while, the Reserve Bank of India (RBI) has indicated no chances of deflation.


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