India's inflation slowed to 26 month record low

Note: This section contains information in English only.
Source: Bloomberg
India's consumer price index decelerated in January, marking 26 month record low. Country's inflation rate was 6.55% in January compared to 7.47% in previous month. Economists questioned by Bloomberg predicted the wholesale price index to reach 6.7%. Slowing inflation puts pressure on the Reserve Bank of India to cut nation's benchmark interest rates. 
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Tue, 14 Feb 2012 10:28:58 GMT

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