India's inflation has fallen to 0.44 per cent for the week ended March 7 from 2.43 per cent in the previous week.
Wholesale Price Index for all commodities <http://economictimes.indiatimes.com/Inflation-at-historic-low-of-044-per-cent/articleshow/4285894.cms#>stood at 226.7 (WoW). It was below a median forecast of 0.89 percent in a Reuters poll of analysts, and the lowest annual reading in the history of the current series. The annual inflation rate was 7.78 percent during the corresponding week of the previous year. This is the the lowest inflation rate since annual numbers in the current index started in April 1995. The previous low was of 1.13 per cent on Feb 2, 2002. Axis bank expects inflation to fall to zero by the end of March, when the 2008/09 fiscal year ends. B.Karthick RESEARCH ANALYST WWW.KENCES1.BLOGSPOT.COM <http://www.kences1.blogspot.com/> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
